9107 Meridian Place NE
Lake Stevens, WA 98258

$949,950

Number of Units: 4
Type: Multi-Unit Residential
Becky Reed
Broker: Infinity Properties
425-418-2999

Listing #1656889
Location, location, location plus DESIRABLE schools & HIGH tenant demand in a HIGH growth, HIGH appreciation area! This 4-plex opportunity checks ALL the boxes! Set yourself up for life with low financing rates in this exploding demand market! Great opportunity to own & prosper in Lake Stevens market! Four identical units each have 772 square feet with two bedrooms, 1 bath PLUS in-unit laundry. Kitchens updated in three of the units already! This professionally managed complex has a very LOW vacancy rate w/ HIGH upside potential on income in the near term! Conveniently located to the Hwy2 trestle, Frontier Village & everything Lake Stevens, Snohomish & Everett have to offer! Don't miss out on this fantastic & very rare 4-Plex opportunity!
Property Features
Location Information
County: Snohomish
Community: Lake Stevens
MLS Area: Northeast County
Latitude: 47.996843
Longitude: -122.108214
Directions: From I-5, take Hwy 2 East, Stay left & exit onto Hwy 204 toward Lake Stevens/Frontier Village. Right on Market Place, Right on 91st, left on Meridian.
Interior Features
Heating/Cooling: Baseboard
Power Production Type: Electric
Floors: Vinyl, Carpet
Total Number of Units: 4
Exterior Features
Style: 4-Plex
Stories: 2
Exterior: Wood
Foundation: Poured Concrete
Roof: Composition
Septic or Sewer: Sewer Connected
Covered Spaces: 0
Water Company: Snohomish County PUD
Utilities: Cable Connected, Sewer Connected, Electricity Available
Parking Spaces: 8
Site Description: Cable TV, Deck, Fenced-Partially, Patio
Lot Description: Cul-De-Sac, Dead End Street, Paved, Sidewalk
Lot Size in Acres: 0.24
Lot Size in Sq. Ft.: 10, 454
Condition: Good
Open Parking Spaces: 8
Has Open Parking: Yes
Building Total Area (Sq. Ft.): 3, 088
School
High School District: Lake Stevens
High School: Lake Stevens Snr Hig
Additional Information
Possession: Closing, Tenant's Rights
Property Type: RI
Property SubType: Multi-Family
Status: Active
Tax Year: 2020
Tax Amount: 6, 255
Expenses: 13672


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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Listings marked with this icon are courtesy of Northwest Multiple Listing Service. All Rights Reserved. The listings presented here may or may not be listed by Infinity Properties. The Real Estate Broker providing this data believes it to be correct but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
NWMLS - NorthwestMLS data last updated at January 15, 2021 4:22 AM PT