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Listing Provided by Snohomish Properties  
$2,700,000
137 Kirby Dr, Monroe, WA 98272
0 Beds
0 Baths
10,240 sqft

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Listing Provided by Snohomish Properties  
Great opportunity!! This 12 unit complex is two buildings on two different Tax Parcel Numbers. Each building is 1-story and has 6 units with 3 2-bedroom units and 3 1-bedroom units. Each unit in the complex has a separate storage room and a covered parking space. The exterior of the buildings are partially brick. The tenants almost never move and have been long term tenants. The parking and driveways are all asphalted. Properties of this kind very seldom become available. The property us extraordinary value in this market. The rent is significantly under the market and could be increased to provide a 5-6% cap rate. Show with discretion and no interior showings except when under contract.
  • Price:
  • $2,700,000
  • Square Footage:
  • 10,240
  • Acreage:
  • 0.84
  • Year Built:
  • 1967
  • Listing ID #:
  • NWM1758771
  • Street Address:
  • 137 Kirby Dr
  • City:
  • Monroe
  • State:
  • Washington
  • Postal Code:
  • 98272
  • County:
  • Snohomish
  • Community:
  • 750 - East Snohomish C
  • Subdivision:
  • Monroe
  • Listing Status:
  • Pending
  • Listing Type:
  • Residential Income
0
out of 5

Frank Wagner Elementary School
Public
School Grade Level PRESCHOOL-5
School Students 600 students
School Teachers 17 student/
teacher
4
out of 5

Monroe High School
Public
School Grade Level 9-12
School Students 1626 students
School Teachers 22 student/
teacher
n/a

Shoreline-Monroe High School
Public
School Grade Level 9-12
School Students 1700 students
School Teachers 21 student/
teacher
n/a

MONROE MID
Public

Source: ATTOM

  • Approximate Square Footage Range:
  • 10240
  • Building Condition:
  • Very Good
  • Exterior Description:
  • Brick, Wood
  • Flooring:
  • Vinyl, Carpet
  • Foundation:
  • Poured Concrete
  • Furnished:
  • Unfurnished
  • Green Features:
  • Thermal Windows
  • Interior Features:
  • Wall To Wall Carpet
  • Leasable Square Feet:
  • 10240
  • Number Of Units:
  • 12
  • Stories:
  • 1
  • Structure:
  • Multi Family
  • Style:
  • 56 - 10+ Units
  • Total Building Square Footage:
  • 10240
  • Type Of Roof:
  • Composition
  • View:
  • City, Territorial
  • Year Built:
  • 1967
  • Annual Electric Expenses:
  • 1371
  • Annual Insurance Expenses:
  • 7828
  • Net Operating Income:
  • 109291
  • Lot Features:
  • Adjacent To Public Land, Paved
  • Lot Size Units:
  • Square Feet
  • Lot Square Footage:
  • 36590
  • Suitable Use:
  • Multi-Family
  • On Market Date:
  • 2021-04-15
  • Originating Mls:
  • Nwmls
  • Terms:
  • Cash Out, Conventional
  • Street Type:
  • Drive
  • Subdivision:
  • Monroe
  • Property Taxes:
  • $14,553
  • Tax Year:
  • 2020
  • Covered Parking Spaces:
  • 12
  • Number Of Carport Spaces:
  • 12
  • Parking Spaces:
  • 12
  • Existing Water:
  • Public
  • Sewage Type:
  • Sewer Connected
  • Utilities:
  • Cable Connected, Sewer Connected, Electricity Available
  • Unit 1 Monthly Rent:
  • 1150
  • Unit 1 Name:
  • 1
  • Unit 1 Square Footage:
  • 756
  • Unit 1 Total Bathrooms:
  • 1
  • Unit 1 Total Bedrooms:
  • 2
  • Unit 10 Monthly Rent:
  • 1250
  • Unit 10 Name:
  • 10
  • Unit 10 Square Footage:
  • 754
  • Unit 10 Total Bathrooms:
  • 1
  • Unit 10 Total Bedrooms:
  • 2
  • Unit 11 Monthly Rent:
  • 1150
  • Unit 11 Name:
  • 11
  • Unit 11 Square Footage:
  • 773
  • Unit 11 Total Bathrooms:
  • 1
  • Unit 11 Total Bedrooms:
  • 2
  • Unit 12 Monthly Rent:
  • 1200
  • Unit 12 Name:
  • 12
  • Unit 12 Square Footage:
  • 756
  • Unit 12 Total Bathrooms:
  • 1
  • Unit 12 Total Bedrooms:
  • 2
  • Unit 2 Monthly Rent:
  • 1150
  • Unit 2 Name:
  • 2
  • Unit 2 Square Footage:
  • 800
  • Unit 2 Total Bathrooms:
  • 1
  • Unit 2 Total Bedrooms:
  • 2
  • Unit 3 Monthly Rent:
  • 1100
  • Unit 3 Name:
  • 3
  • Unit 3 Square Footage:
  • 800
  • Unit 3 Total Bathrooms:
  • 1
  • Unit 3 Total Bedrooms:
  • 2
  • Unit 4 Monthly Rent:
  • 925
  • Unit 4 Name:
  • 4
  • Unit 4 Square Footage:
  • 503
  • Unit 4 Total Bathrooms:
  • 1
  • Unit 4 Total Bedrooms:
  • 1
  • Unit 5 Monthly Rent:
  • 1000
  • Unit 5 Name:
  • 5
  • Unit 5 Square Footage:
  • 641
  • Unit 5 Total Bathrooms:
  • 1
  • Unit 5 Total Bedrooms:
  • 1
  • Unit 6 Monthly Rent:
  • 950
  • Unit 6 Name:
  • 6
  • Unit 6 Square Footage:
  • 645
  • Unit 6 Total Bathrooms:
  • 1
  • Unit 6 Total Bedrooms:
  • 1
  • Unit 7 Monthly Rent:
  • 1000
  • Unit 7 Name:
  • 7
  • Unit 7 Square Footage:
  • 641
  • Unit 7 Total Bathrooms:
  • 1
  • Unit 7 Total Bedrooms:
  • 1
  • Unit 8 Monthly Rent:
  • 950
  • Unit 8 Name:
  • 8
  • Unit 8 Square Footage:
  • 659
  • Unit 8 Total Bathrooms:
  • 1
  • Unit 8 Total Bedrooms:
  • 1
  • Unit 9 Monthly Rent:
  • 950
  • Unit 9 Name:
  • 9
  • Unit 9 Square Footage:
  • 659
  • Unit 9 Total Bathrooms:
  • 1
  • Unit 9 Total Bedrooms:
  • 1
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided by Snohomish Properties
  • Disclaimer: The information contained in this listing has not been verified by the member's firm and should be verified by the buyer. WANWMLS

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