$899,000

6 Beds 3 Baths 3,294 SQFT 0.29 Acres
Type: Single Family

507 3rd Street
Sultan, WA 98294

MLS#: 2589937
Presented by: Lamb Real Estate and NWMLS

Property Description

 

OFFERING $25,000 SELLER CREDIT! Perfectly positioned in the heart of Sultan, this updated triplex presents a rare opportunity to invest with rental income already in place and potential to grow. With two units currently occupied, new exterior paint and partially updated roofing, this property offers a strong foundation for continued investment. There is even more potential with an unfinished fourth unit and the possibility to add a DADU, creating the opportunity for additional income-producing units. The lower-level unit has been thoughtfully refreshed with a wide-open floor plan, fresh paint, new flooring, and a bright kitchen featuring new cabinetry, countertops, appliances, and fixtures. Two comfortable bedrooms are accompanied by a refreshed full bathroom and laundry room with new tile and fixtures. The two occupied units have been fully remodeled inside, and each offers two bedrooms, one bathroom, and in-unit laundry. Outside, a shared backyard and ample parking add to the appeal, while Sultan favorites, local schools, and everyday amenities are all within easy walking distance.


 

Interior Features

Bedrooms

Bedrooms Lower0
Bedrooms Upper0
Main Level Bedrooms6
Total Bedrooms6

Bathrooms

3/4 Baths0
Bathrooms3
Baths Full Garage0
Baths Full Lower0
Baths Full Main3
Baths Full Upper0
Baths Half Garage0
Baths Half Lower0
Baths Half Main0
Baths Half Upper0
Baths Three Quarter Garage0
Baths Three Quarter Lower0
Baths Three Quarter Main0
Baths Three Quarter Upper0
Half Baths0
Total Baths3

Other Interior Features

Air Conditioning Y/NNo
BasementDaylight, Finished, Unfinished
Fireplace Y/NNo
FlooringVinyl, Vinyl Plank, Carpet
Heating Y/NYes
Interior AmenitiesDbl Pane/Storm Window, Dining Room
Power Production TypeElectric
Total Fireplaces0
Water Heater LocationLower Unfinished space

General

AppliancesDishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
Attached Garage No
Building Area Units0 sqft
Carport Y/NNo
CitySultan
CoolingNone
CountySnohomish
DirectionsFrom Hwy-2, Head North on 3rd St. Triplex is on your Left!
Elementary SchoolSultan Elem
Entry LocationMain
Full Baths3
HOANo
HOA Fee$0
HeatingWall Furnace
High SchoolSultan Snr High
High School DistrictSultan
Land Lease Y/NNo
LevelsMulti/Split
Listing TermsCash, Conventional, FHA, VA Loan
Living Area3,294 sqft
Lot Size Square Feet12,632 sqft
Lot Size UnitsSquare Feet
MLS Area750 - East Snohomish County
Middle/Junior High SchoolSultan Mid
NWM_ShowMapLinkY
New ConstructionNo
PossessionClosing
Property Style15 - Multi Level
Property SubtypeSingle Family Residence
Property TypeResidential
Public RemarksOFFERING $25, 000 SELLER CREDIT! Perfectly positioned in the heart of Sultan, this updated triplex presents a rare opportunity to invest with rental income already in place and potential to grow. With
RoofComposition, Flat, See Remarks
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeHouse
Subdivision NameSultan
Tax Annual Amount$5,103
Tax Year2026
TopographyLevel, Partial Slope
ViewMountains, Territorial
Virtual TourClick here
Water CompanyCity of Sultan
Year Built1952

Exterior

Building Area Total3,874 sqft
Covered Spaces0
Exterior AmenitiesCement Planked, Wood Products
Foundation DetailsPoured Concrete
InclusionsDishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk
Lot Size Acres0.29
Parking FeaturesDriveway, Off Street
Parking Uncovered Total8
Site FeaturesDeck, Fenced-Partially, Patio
Total Parking8
VegetationGarden Space
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Sultan Elem
High School Sultan Snr High
Middle School Sultan Mid

  

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$899,000

6 Beds 3 Baths 3,294 SQFT 0.29 Acres
Type: Single Family

507 3rd Street
Sultan, WA 98294

MLS#: 2589937