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101 Alder Avenue

Snohomish, WA 98290
  • $2,350,000
  • STATUS: Pending
  • ON SITE: 31 Days
  • MLS #: 1919033
Under Contract
UPDATED: 21 min ago
$2,350,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,328
    SQFT
  • $207
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1988
County:

School Ratings & Info

School District:
Listing Courtesy of The Foundation Group Llc.

Description

Alder Apartments - 10 unit value-add opportunity with 6%+ market cap rate. First time on market since construction in 1988. Units are spacious with opportunity to modify the six 2B/1.25B to 2B/1.75B units (buyer to verify). Well maintained grounds, eleven secured storage units, 15 parking spaces (4 covered), and common laundry for the two units without in-unit W/D.

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The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-21T08:16:15.39.

www.brantleychristianson.com/homes/127848251
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101 Alder Avenue Snohomish, WA 98290

  • Price: $2,350,000
  • Status: Pending
  • On Site: 31 Days
  • Updated: 21 min ago
  • MLS #: 1919033
0
Beds
0
Baths
0
½ Baths
0.25
Acres
11,328
SQFT
$207
$/SQFT
1988
Built
Neighborhood:
Snohomish
County:
Snohomish
Area:
E. Snohomish Cty/Snohomish/Monroe/Sultan
School District:
Snohomish
Property Description
Alder Apartments - 10 unit value-add opportunity with 6%+ market cap rate. First time on market since construction in 1988. Units are spacious with opportunity to modify the six 2B/1.25B to 2B/1.75B units (buyer to verify). Well maintained grounds, eleven secured storage units, 15 parking spaces (4 covered), and common laundry for the two units without in-unit W/D.
Exterior Features

Carport Spaces 4 Carport YN No Covered Spaces 0 Exterior Features Metal/VinylWood Products Lot Features Corner Lot Open Parking Spaces 11 Open Parking YN Yes Parking Total 15 Parking Uncovered Spaces 11 Roof Composition Structure Type Multi Family Style Code 56 - 10+ Units View RiverTerritorial View YN Yes Waterfront YN No

Interior Features

Building Area Total 11328 Fireplace YN No Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

Property Features

Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Slab Irrigation Water Rights YN No Listing Terms Cash OutConventionalRehab Loan Net Operating Income 111378 New Construction YN No Possession Closing Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Site Features Deck Special Listing Conditions None Tax Annual Amount 13161 Tax Year 2022 Units In Building Total 10 Utilities Sewer ConnectedElectricity Available Water Source Public Year Built Effective 1988 Zoning Class Multi-Family Zoning Jurisdiction City

Listing information © 2022 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Brantley Christianson Real Estate LLC and should be verified by the buyer.


The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Brantley Christianson Real Estate LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2022-05-21T08:16:15.39.

 
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Brantley Christianson Real Estate LLC
2005 SE 192nd Ave
Camas WA, 98607
Listing Courtesy of The Foundation Group Llc.