Sold
Last Sold Price
2,782 sqft
616 Main St, Sultan, WA 98294
Multi FamilyProperty Type
0.21 acresLot Size
1917Year Built
$181/sq ftPrice per sq ft

Description

[HWY 2 FRONTAGE] Total of 3 units, bringing in $3,650 monthly. UC Zoning (Urban Center) which is Commercial and Residential. 432 sqft Business currently used as a Tattoo Shop. 2 story home behind Tattoo shop with 2 separate units. 1092 sqft 2 bed 1 bath Lower unit along with a 670 sqft 1 bed 1 bath upper unit. Laundry in lower unit, laundry is shared. All tenants are month to month. Live in the home and run your business out of the front office. Priced to sell based on condition, the residential...[HWY 2 FRONTAGE] Total of 3 units, bringing in $3,650 monthly. UC Zoning (Urban Center) which is Commercial and Residential. 432 sqft Business currently used as a Tattoo Shop. 2 story home behind Tattoo shop with 2 separate units. 1092 sqft 2 bed 1 bath Lower unit along with a 670 sqft 1 bed 1 bath upper unit. Laundry in lower unit, laundry is shared. All tenants are month to month. Live in the home and run your business out of the front office. Priced to sell based on condition, the residential side has some deferred maintenance; Roof, gutters, exterior paint, interior paint and flooring. The best priced Multi Family in the entire Snohomish County!
  • Listed by: Lance Otto 360.653.1884 lanceotto@kw.com • KW North Sound
Listing closed: 04/01/2024 12:00 AM • Source: NWMLS as distributed by MLS GRID, MLS#: 2203165

See It First™ on Compass

Find homes before they're listed on other real estate sites.

Start your search

Location

Listing Courtesy of KW North Sound

Sold By K Properties NW

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,888 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,683

Property Taxes

$206

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 616 Main Street

Property Details
  • Taxes: $2,467 / year
  • MLS Type: Residential Income
  • Community Name: Sultan
  • School District: Sultan
  • View: Territorial
  • Number of Assigned Spaces: 0
  • Total Covered Parking: 0
  • Offers Review Date: 03-01-2024
  • Entry Date: 02-23-2024
  • Energy Source: Electric,Natural Gas
  • Sewer: Sewer Connected
Building Information
  • Stories: 2
  • Residences: 3
  • Year Built: 1917
  • Lot Size: 0.21 AC / 9,148 SF
Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Deck, High Speed Internet
  • Area: 750 - East Snohomish County
  • High School: Sultan Snr High
  • Effective Year Built Source: Public Records
  • Directions: East on Highway 2 to Sultan, turn left on 5th Street, right on Main Street, home on right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Basement
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water/Sewer/Garbage: 4705
  • Power Company: PUD
  • Sewer Company: City of Sultan
  • Water Company: City of Sultan
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Commercial
  • First Right Of Refusal: false
  • Possible Use: Commercial
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1917
  • Photos Count: 27
Lot Information
  • Lot Details: Paved, Sidewalk
  • Lot Size Dimensions: 72x130
  • Lot Size Source: Realist
  • Parcel Number Free Text: 27080500200500
  • Building Condition: Fair
  • Calculated Square Footage: 2782
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2782.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $3,145
  • Total Expenses: 11817
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 10.8
  • Gross Scheduled Income: $43,800
  • Insurance Expense: $1,500
  • Net Operating Income: $31,983
  • Other Expenses: $0
  • Total Monthly Income: 3650
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2194.0
  • Leasable Area Units: Square Feet

Property History for 616 Main Street

DateEvent & SourcePriceAppreciation
Apr 1, 2024

Sold

NWMLS #2203165

$502,500—
Mar 20, 2024

Sold (Public Record)

Public Record #1529867309

$502,500—
Mar 1, 2024

Pending

NWMLS #2203165

—
DateEvent & SourcePrice
04/01/2024

Sold

NWMLS #2203165

$502,500
03/20/2024

Sold (Public Record)

Public Record #1529867309

$502,500
03/01/2024

Pending

NWMLS #2203165

—

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

Public Records for 616 Main Street

Taxable ValueLand$260,300Additions$223,700Total$484,000
Tax Record2026$4,245 ($354 / month)
Home Facts
Baths1.5Total Finished SqFt2,782 SqFtAbove Ground SqFt2,782 SqFtStories1Lot Size9,148 SqFtStyleStoresYear Built1917Year Renovated1917ZoningUCCountySNOHOMISHAPN270805-002-005-00

Schools near 616 Main Street

This home is within Sultan School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Sultan Elementary School
PublicK to 5

Columbia Virtual Academy Sultan
PublicK to 12

Sultan Senior High School
Public9 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.

Similar Homes

New listings in 98294

$549,500 | 1013 Kessler Drive, Sultan, WA 98294
1/40

$549,500

4
Bedrooms
2,058
Square Feet
0.14
Acres
$425,000 | 14318 368th Avenue Southeast, Sultan, WA 98294
1/29

$425,000

2
Bedrooms
1,149
Square Feet
0.24
Acres
$530,000 | 12115 319th Avenue Southeast, Sultan, WA 98294
1/37
Virtual Tour

$530,000

3
Bedrooms
1,479
Square Feet
0.09
Acres
$389,000 | 708 Alder Street, Sultan, WA 98294
1/36
Listed By Coldwell Banker Realty

$389,000

2
Bedrooms
750
Square Feet
$800,000 | 31503 Highway 2, Sultan, WA 98294
1/33
Virtual Tour

$800,000

5
Bedrooms
2
Bathrooms
1,742
Square Feet
0.4
Acres
$559,900 | 32525 Marguerite Lane, Sultan, WA 98294
1/34

$559,900

4
Bedrooms
1,843
Square Feet
0.11
Acres
$499,900 | 32709 Marguerite Lane, Sultan, WA 98294
1/27
Virtual Tour

$499,900

4
Bedrooms
1,880
Square Feet
0.1
Acres
$494,000 | 920 Perkins Way, Sultan, WA 98294
1/30

$494,000

3
Bedrooms
1,108
Square Feet
0.16
Acres
$600,000 | 35431 Old Sultan-Startup Road, Sultan, WA 98294
1/38

$600,000

2
Bedrooms
2,253
Square Feet
0.5
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 616 Main Street, Sultan, WA 98294
$502,500
–
–
2,782
9,148
–
–
–
1,781
–
$245,000
2
1,232
9,583
$185,000
–
–
–
11,326
–
3
2
1,764
6,098
–
–
–
1,872
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW North Sound

Based on information submitted to the MLS GRID as of 09/05/2024 05:48 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.