311 Date St

—
Beds
—
Baths
4,080 Sq. Ft.
$214 / Sq. Ft.
4,080
Sq. Ft.
$214
per Sq. Ft.

Description

Sultan Multi-Family 4-Plex. Opportunity to add to your investment portfolio, or owner occupy one unit and rent out the others. Each unit has 2 bedrooms, 1 full bathroom and 2 huge garages and a backyard. Owner has added additional income through renting out garage units separately. All income/expense information is based on rental from 3 units with owner living in 4th. Tenant turnover and vacancy has been extremely low for years. This project has recently been converted into 4 Condos and they are...Sultan Multi-Family 4-Plex. Opportunity to add to your investment portfolio, or owner occupy one unit and rent out the others. Each unit has 2 bedrooms, 1 full bathroom and 2 huge garages and a backyard. Owner has added additional income through renting out garage units separately. All income/expense information is based on rental from 3 units with owner living in 4th. Tenant turnover and vacancy has been extremely low for years. This project has recently been converted into 4 Condos and they are being offered simultaneously. Seller has option to convert back into Multi-Family status. 40 min. commute to Redmond/Bellevue, 10 min outside Monroe.
  1. Listed by Dave Bray • John L Scott Monroe
    P: (360)-453-7255 toddmcelroy@johnlscott.com

Property Details for 311 Date Street

Community Name
Sultan
School District
Sultan
View
Mountain(s), Territorial
Number of Assigned Spaces
12
Total Covered Parking
8
Entry Date
05-14-2021
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 09/05/2024 05:42 AM

Property Details for 311 Date Street

StatusSold
MLS #1774904
Days on Market18
Cumulative Days on Market18
Taxes$3,812 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1990
Lot Size0.42 AC / 18,295 SF
CountySnohomish County

Location

Listing Courtesy of John L Scott Monroe

Sold By COMPASS

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Building Information for 311 Date Street

Stories2Residences4Year Built1990Building Size-Lot Size0.42 AC / 18,295 SF

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Property Information for 311 Date Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, Deck, Fenced-Fully
  • Area: 750 - East Snohomish County
  • Effective Year Built Source: Public Records
  • Directions: From Hwy 2, north on 4th. Left on Date St.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Wall to Wall Carpet, Laminate
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: PartiallyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 6413
  • Power Company: Sno PUD
  • Sewer Company: Sultan
  • Water Company: Sultan
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1990
  • Photos Count: 29
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Tax Record
  • Parcel Number Free Text: 28083200308800
  • Building Condition: Good
  • Calculated Square Footage: 4080
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4080.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Common Interest: Multi-Family
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 2
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $144
  • Total Expenses: 12242
  • Gross Adjusted Income: 32586
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: $48,900
  • Insurance Expense: $1,873
  • Net Operating Income: $32,586
  • Other Expenses: $0
  • Total Monthly Income: 4075
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Owner
  • Leasable Area: 4080.0
  • Leasable Area Units: Square Feet

Property History for 311 Date Street

DateEvent & SourcePriceAppreciation
Jul 2, 2021

Sold

NWMLS #1774904

$875,000—
Jun 1, 2021

Pending

NWMLS #1774904

—
May 14, 2021

Listed (Active)

NWMLS #1774904

$875,000—
DateEvent & SourcePrice
07/02/2021

Sold

NWMLS #1774904

$875,000
06/01/2021

Pending

NWMLS #1774904

—
05/14/2021

Listed (Active)

NWMLS #1774904

$875,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 311 Date Street

Taxable ValueLand$214,900Additions$711,100Total$926,000
Tax Record2025$8,279 ($690 / month)
Home Facts
Total Finished SqFt4,080 SqFtAbove Ground SqFt4,080 SqFtStories1Lot Size18,295 SqFtStyleQuadraplexYear Built1990CountySNOHOMISHAPN28083200320600

Schools near 311 Date Street

This home is within Sultan School District.
Rating
School
Type
Grades
Distance
Public - 1 to 8
Public - 9 to 12
Public - K to 12
Public - 9 to 12
Rating
School
Distance
Sultan Parent Partnership Program
Public1 to 8

Sultan Senior High School
Public9 to 12

Sultan Virtual Academy
PublicK to 12

Sky Valley Options
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L Scott Monroe

Based on information submitted to the MLS GRID as of 09/05/2024 05:42 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.