218 10th Street
218 10th Street
Snohomish, WA 98290
$1,865,000
Price
10
Beds
5
Baths
4,926 Sq. Ft.
$379 / Sq. Ft.
4,926
Sq. Ft.
$379
per Sq. Ft.
Listing provided courtesy of Windermere Real Estate Central
Description
Fantastic turnkey 5 Unit Apartment Building located in one of the most picturesque cities in WA state. This is a unique opportunity to own a well-maintained investment property Downtown in the City of Snohomish - All Units are 2 bed 1 bath w/ washer/dryer + exterior storage units. 2020-2021 Updates: New Hardi-Siding, New Comp Roofs, New Milgard Windows, New Deck Coatings + more. Future Upside w/ Rent Increases & Unit Turns. All Units Water/Sewer Sub-Metered, 100% Recapture. No Smoking Building.Fantastic turnkey 5 Unit Apartment Building located in one of the most picturesque cities in WA state. This is a unique opportunity to own a well-maintained investment property Downtown in the City of Snohomish - All Units are 2 bed 1 bath w/ washer/dryer + exterior storage units. 2020-2021 Updates: New Hardi-Siding, New Comp Roofs, New Milgard Windows, New Deck Coatings + more. Future Upside w/ Rent Increases & Unit Turns. All Units Water/Sewer Sub-Metered, 100% Recapture. No Smoking Building.
- Listed by Andy Keating • Windermere Real Estate Central
Property Details for 218 10th Street
Community Name
Snohomish
School DistrictSnohomish
Number of Assigned Spaces6
Total Covered Parking0
Entry Date03-08-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Windermere Real Estate Central![]()
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LISTING UPDATED: 04/26/2024 02:27 PM
Property Details for 218 10th Street
| Status | Active |
|---|---|
| MLS # | 2207869 |
| Days on Market | 52 |
| Cumulative Days on Market | 52 |
| Taxes | $12,273 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1977 |
| Lot Size | 0.34 AC / 14,810 SF |
| County | Snohomish County |
Location
Listing Courtesy of Windermere Real Estate Central![]()
Add your commute
Building Information for 218 10th Street
Stories2Residences5Year Built1977Building Size-Lot Size0.34 AC / 14,810 SF
Payment Calculator
$11,201 per month
30 year fixed, 7.25% Interest
Principal and Interest
$10,178
Property Taxes
$1,023
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 218 10th Street
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Fenced-Fully
- Area: 760 - Northeast Snohomish?
- Effective Year Built Source: Public Records
- Directions: From Highway 9, Take Avenue D, Turn East on 10th Street, 218 10th Street will be on the left between Pine & McDonald Avenue
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 6.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Floor Covering: Laminate
- Features: Laminate
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked
- Roof: Composition, Torch Down
- Security Features: PartiallyFenced
Property
Utilities
- Water/Sewer/Garbage: 0
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Commercial
- First Right Of Refusal: false
- Possible Use: Commercial
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1977
- Photos Count: 17
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Number: 6,7 & 8
- Lot Size Source: Public Records
- Parcel Number Free Text: 00436000200601
- Building Condition: Very Good
- Calculated Square Footage: 4926
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4926.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 6
- Number of Stories in Building: 2
- Vacancy Rate: 5
- Number Of Units Total: 5
- Units Below Grade: false
- Units In Building Total: 5
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 21473
- Gross Adjusted Income: 101669
- Gross Rent Multiplier: 18.2
- Gross Scheduled Income: $107,020
- Insurance Expense: $5,589
- Net Operating Income: $80,196
- Other Expenses: $3,611
- Total Monthly Income: 8835
- Fuel Expense: $0
Unit 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 985
- Rent Unit 1: $1,600.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 985
- Rent Unit 2: $1,850.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 985
- Rent Unit 3: $1,795.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 985
- Rent Unit 4: $1,795.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Unit 5
- Washer/Dryer Unit 5: true
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 985
- Rent Unit 5: $1,795.00
- Bedrooms Unit 5: 2
- Bathrooms Unit 5: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 14810.0
- Leasable Area Units: Square Feet
Property History for 218 10th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 218 10th Street
Taxable ValueLand$315,800Additions$334,200Total$650,000
Tax Record2022$7,016 ($585 / month)
Home Facts
Total Finished SqFt4,926 SqFtAbove Ground SqFt4,926 SqFtStories2Lot Size14,810 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977ZoningMDRESCountySNOHOMISHAPN00436000200601
Schools near 218 10th Street
This home is within Snohomish School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 3 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Emerson Elementary School Public3 to 6 | ||
Centennial Middle School Public7 to 8 | ||
Snohomish High School Public9 to 12 | ||
High School Re Entry 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 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 Windermere Real Estate Central
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.