137 Kirby Drive

Monroe, WA 98272

$2,600,000
Last Sold Price
18
Beds
12
Baths
10,240 Sq. Ft.
$254 / Sq. Ft.
10,240
Sq. Ft.
$254
per Sq. Ft.

Description

Great opportunity! This 12 unit complex is two buildings on two different Tax Parcel Numbers. Each building is 1-story and has 6 units with 3 2-bedroom units and 3 1-bedroom units. Each unit in the complex has a separate storage room and a covered parking space. The exterior of the buildings are partially brick. The tenants almost never move and have been long term tenants. The parking and driveways are all asphalted. Properties of this kind very seldom become available. The property us extraordinary...Great opportunity! This 12 unit complex is two buildings on two different Tax Parcel Numbers. Each building is 1-story and has 6 units with 3 2-bedroom units and 3 1-bedroom units. Each unit in the complex has a separate storage room and a covered parking space. The exterior of the buildings are partially brick. The tenants almost never move and have been long term tenants. The parking and driveways are all asphalted. Properties of this kind very seldom become available. The property us extraordinary value in this market. The rent is significantly under the market and could be increased to provide a 5-6% cap rate. Show with discretion and no interior showings except when under contract.
  1. Listed by Arnie Hansen • Snohomish Properties

Property Details for 137 Kirby Drive

Community Name
Monroe
School District
Monroe
View
City, Territorial
Number of Assigned Spaces
12
Total Covered Parking
12
Entry Date
04-15-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Snohomish Properties

Sold By Windermere R.E. Shoreline

Add your commute
LISTING UPDATED: 02/23/2022 04:28 PM

Property Details for 137 Kirby Drive

StatusSold
MLS #1758771
Days on Market237
Cumulative Days on Market949
Taxes$14,553 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1967
Lot Size0.84 AC / 36,590 SF
CountySnohomish County

Location

Listing Courtesy of Snohomish Properties

Sold By Windermere R.E. Shoreline

Add your commute

Building Information for 137 Kirby Drive

Stories1Residences12Year Built1967Building Size-Lot Size0.84 AC / 36,590 SF

Payment Calculator

$15,402 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

$1,213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 137 Kirby Drive

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Cable TV
  • Area: 750 - East Snohomish County
  • Elementary School: Frank Wagner Elem
  • Middle Or Junior School: Monroe Mid
  • High School: Monroe High
  • Effective Year Built Source: Public Records
  • Directions: From Highway#2 turn South on Kelsey Street, then turn West on Columbia Street, then South on Kirby Drive to property on the East or left side.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
  • Additional Tax Ids: 27060100406700
Parking
  • Number of Carport Spaces: 12.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Coin Op Laundry,Storage,Thermal Windows
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 16790
  • Power Company: Snohomish Co. P.U.D.
  • Sewer Company: City of Monroe
  • Water Company: City of Monroe
  • Power Production Type: Electric
  • Utilities: Cable Connected, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • Construction Methods: Standard Frame
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1967
  • Photos Count: 16
Lot Information
  • Lot Details: Adjacent to Public Land, Paved
  • Lot Size Dimensions: Rectangular
  • Lot Size Source: Assessor
  • Parcel Number Free Text: 27060100406600
  • Building Condition: Very Good
  • Calculated Square Footage: 10240
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 10240.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 12
  • Units Below Grade: false
  • Units In Building Total: 12
Financing / Income and Expenses
  • Electric Expense: $1,371
  • Total Expenses: 44409
  • Gross Adjusted Income: 153600
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $153,600
  • Insurance Expense: $7,828
  • Net Operating Income: $109,291
  • Other Expenses: $3,867
  • Total Monthly Income: 12175
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 756
  • Rent Unit 1: $1,150.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 800
  • Rent Unit 2: $1,150.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 800
  • Rent Unit 3: $1,100.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 503
  • Rent Unit 4: $925.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: 5
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 641
  • Rent Unit 5: $1,000.00
  • Bedrooms Unit 5: 1
  • Fireplaces Unit 5: 0
  • Bathrooms Unit 5: 1
Unit 6
  • Name Unit 6: 6
  • Washer/Dryer Unit 6: false
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 645
  • Rent Unit 6: $950.00
  • Bedrooms Unit 6: 1
  • Fireplaces Unit 6: 0
  • Bathrooms Unit 6: 1
Unit 7
  • Name Unit 7: 7
  • Washer/Dryer Unit 7: false
  • Range/Oven Unit 7: true
  • Refrigerator Unit 7: true
  • Dishwasher Unit 7: true
  • Square Feet Unit 7: 641
  • Rent Unit 7: $1,000.00
  • Bedrooms Unit 7: 1
  • Fireplaces Unit 7: 0
  • Bathrooms Unit 7: 1
Unit 8
  • Name Unit 8: 8
  • Washer/Dryer Unit 8: false
  • Range/Oven Unit 8: true
  • Refrigerator Unit 8: true
  • Dishwasher Unit 8: true
  • Square Feet Unit 8: 659
  • Rent Unit 8: $950.00
  • Bedrooms Unit 8: 1
  • Fireplaces Unit 8: 0
  • Bathrooms Unit 8: 1
Unit 9
  • Name Unit 9: 9
  • Washer/Dryer Unit 9: false
  • Range/Oven Unit 9: true
  • Refrigerator Unit 9: true
  • Dishwasher Unit 9: true
  • Square Feet Unit 9: 659
  • Rent Unit 9: $950.00
  • Bedrooms Unit 9: 1
  • Fireplaces Unit 9: 0
  • Bathrooms Unit 9: 1
Unit 10
  • Name Unit 10: 10
  • Washer/Dryer Unit 10: false
  • Range/Oven Unit 10: true
  • Refrigerator Unit 10: true
  • Dishwasher Unit 10: true
  • Square Feet Unit 10: 754
  • Rent Unit 10: $1,250.00
  • Bedrooms Unit 10: 2
  • Fireplaces Unit 10: 0
  • Bathrooms Unit 10: 1
Unit 11
  • Name Unit 11: 11
  • Washer/Dryer Unit 11: false
  • Range/Oven Unit 11: true
  • Refrigerator Unit 11: true
  • Dishwasher Unit 11: true
  • Square Feet Unit 11: 773
  • Rent Unit 11: $1,150.00
  • Bedrooms Unit 11: 2
  • Fireplaces Unit 11: 0
  • Bathrooms Unit 11: 1
Unit 12
  • Name Unit 12: 12
  • Washer/Dryer Unit 12: false
  • Range/Oven Unit 12: true
  • Refrigerator Unit 12: true
  • Dishwasher Unit 12: true
  • Square Feet Unit 12: 756
  • Rent Unit 12: $1,200.00
  • Bedrooms Unit 12: 2
  • Fireplaces Unit 12: 0
  • Bathrooms Unit 12: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 10240.0
  • Leasable Area Units: Square Feet

Property History for 137 Kirby Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 137 Kirby Drive

Taxable ValueLand$294,700Additions$572,300Total$867,000
Tax Record2022$8,095 ($675 / month)
Home Facts
Baths6Total Finished SqFt5,120 SqFtAbove Ground SqFt5,120 SqFtStories1Lot Size18,295 SqFtStyleMulti-Family Dwelling (2-4)Year Built1967ZoningO6CountySNOHOMISHAPN27060100406600

Schools near 137 Kirby Drive

This home is within Monroe School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Frank Wagner Elementary School
PublicPK to 5

Park Place Middle School
Public6 to 8

Monroe High School
Public9 to 12

Leaders In Learning
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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Snohomish Properties

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.