15910 1st Ave NE

Duvall, WA 98019 View Map $1,050,000 Schedule a Tour
Sq.Ft.2,800
Year1978

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(360) 850-8251

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Listing Office

Office:Windermere Real Estate Central
Status: Pending
Property Type:4-Plex
MLS® #:2241183
Sq. Feet:2,800
Lot Size:0.17 Acres
County:King
PERFECT TIMING FOR THIS 5.8% CAP RATE OPPORTUNITY! With the stock market at or near all-time highs, it couldn't be a better time to take some profits and invest in turnkey real estate for diversification before looming recession. This truly is a TURNKEY investment. 4 units. Rents poised for increasing. A total vacancy rate of 10 days in 2023, 7 in 2022. In-Unit washer/dryer. Eight off-street parking spots. Territorial views. Merely steps to desirable downtown Duvall, shopping & community. Own as part of your empire or start your empire by planning to live in one of the units as they become available. All units currently occupied. This investment is completely plug and play. Do not disturb tenants. Private viewing with accepted Contract.

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Detailed Maps

Community Information

Address:15910 1st Ave NE, Duvall, WA 98019
Area:600 - Juanita/Woodinville
County:King
City:Duvall
Subdivision:Duvall In Town
Zip Code:98019

School Information

School District:Riverview
High School:Cedarcrest High
Middle School:Tolt Mid
Elementary School:Cherry Vly Elem

Architecture

Year Built:1978
Stories:2
Building Style: 4-Plex
Roof: Composition
Foundation: Poured Concrete

Features / Amenities

Interior Features: Wall to Wall Carpet
Flooring: Vinyl, Carpet
Exterior Features: Wood, Wood Products
Site Features: Deck
Open Parking Spaces: 8
Parking Total: 8
Heating: Wall Unit(s)

Property Features

Lot Size: 0.17 Acres
Lot Features: Paved
View: Territorial
Sq.Ft. Size: 2800
Lot Sq.Ft. Size: 7500
Sewer: Sewer Connected
Water: Public
Directions:Head East on NE Woodinville Duvall Rd the name changes to NE Virginia St as you cross Main St NE. House is down the first driveway on the left after you cross 1st Ave NE. Second property on the left.

Tax and Financial Info

Tax Year: 2023
Insurance Expense: $2,094
Net Income: $60,884
Listing Terms: Cash Out, Conventional, FHA, USDA Loan, VA Loan
Total Monthly Income: $5,950
Net Operating Income: $60,884
Total Expenses: $10,516
Offers: Seller intends to review offers upon receipt
Possession: Closing

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15910 1st Ave NE Duvall,  WA 98019
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15910 1st Ave NE Duvall, WA 98019
 
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