Bought with RE/MAX Metro Realty, Inc.
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402 1st ST Sultan, WA 98294
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Key Details
Sold Price $475,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,620 sqft
Price per Sqft $293
Subdivision Baring
MLS Listing ID 2411535
Sold Date 09/30/25
Style 52 - Duplex
Bedrooms 4
Year Built 1979
Annual Tax Amount $3,113
Lot Size 5,227 Sqft
Lot Dimensions 76x70
Property Sub-Type Multi Family
Property Description
Investor opportunity in growing Sultan! This fully leased duplex features two spacious 2 bed, 1 bath units with solid tenants and strong rental history. Current rents are below market, offering immediate upside potential with room to increase cash flow. Ideally located just minutes from Hwy 2 for an easy commute and close to local shops, dining, and everyday conveniences. Each unit offers a functional layout, off-street parking, and separate entrances for privacy. Whether you're expanding your portfolio or looking for a stable, income-producing asset with long-term upside, this is a smart addition. Don't miss out on this value-add duplex in a rapidly developing area.
Location
State WA
County Snohomish
Area 750 - East Snohomish County
Interior
Flooring Engineered Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Sultan
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA, USDA Loan, VA Loan
Listing Terms Cash Out, Conventional, FHA, USDA Loan, VA Loan
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