Description
Well-constructed Duplex in Downtown Sultan. Each unit is fully fenced and was built by owner as a long-term investment (first time on the market!). It could make a great opportunity to own your own home while receiving income from the other unit and building equity simultaneously. Each is a 2 bed/ 1 bath unit with one car garage. New outside paint. Walking distance to bus stop, schools, library, post office, restaurants, parks and even a river boat launch. Solid 4.55% cap rate at current rents (potentially 5.85% cap rate based on market rent). The triplex next door is also for sale (MLS #1744731).
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2BEDS
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0.19ACRES
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1BATHS
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01/2 BATHS
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2,040SQFT
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$208$/SQFT
School Information
Listing Courtesy of Radius Properties.Description
Well-constructed Duplex in Downtown Sultan. Each unit is fully fenced and was built by owner as a long-term investment (first time on the market!). It could make a great opportunity to own your own home while receiving income from the other unit and building equity simultaneously. Each is a 2 bed/ 1 bath unit with one car garage. New outside paint. Walking distance to bus stop, schools, library, post office, restaurants, parks and even a river boat launch. Solid 4.55% cap rate at current rents (potentially 5.85% cap rate based on market rent). The triplex next door is also for sale (MLS #1744731).
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 Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-04-12T10:14:05.867.