CASH FLOW 4-PLEX WITH CURRENTLY 4 units rented below market rates. Each unit is 2 bedroom, 1 bath. Located in gorgeous Old Town Mukilteo, this building is allowed to remain in this prime single family neighborhood. This large lot has fantastic views of Sound & Olympic Mtns! The 4-plex was built before the area was zoned single family neighborhood, but is grandfathered in. Let the rental income pay for your investment, later build your dream home here. This is a gorgeous corner lot. All units are more or less in similar condition, all 4 are rented at $800 per month. All approx. 1 yr lease. Next year, your rents should bump to market rate which is estimated to be $900 - $1000/month. Each unit is approx. 770 sf, light & bright. Please do not go onto property.
Off market
Zestimate®
$1,018,000
1008 3rd St, Mukilteo, WA 98275
8beds
4baths
3,096sqft
SingleFamily
Built in 1964
0.27 Acres Lot
$1,018,000 Zestimate®
$329/sqft
$4,979 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 3,096 sqft
Property
Features
- Exterior features: Stucco, Wood
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.27 Acres
Details
- Parcel number: 28040400100800
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Roof: Other
Condition
- Year built: 1964
Community & neighborhood
Location
- Region: Mukilteo
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$1,018,000
2% more+$20,360
With Zillow Showcase(estimated)$1,038,360