15528 King Street
Monroe, WA 98272
$675,000
Last Sold Price
4
Beds
3
Baths
1,568 Sq. Ft.
$430 / Sq. Ft.
1,568
Sq. Ft.
$430
per Sq. Ft.
Sold 12/16/24
Sold 12/16/24
Listing provided courtesy of COMPASS, RSVP Brokers ERA
Description
Rare Multi-Family Triplex Investment Opportunity. Unit #1 is a 2 bedroom 1 bathroom rental that has a kitchen, dining area, 2 car parking and private access to the spacious backyard. Units #2 & 3 are identical 1 bedroom 1 bathroom rentals that each have a kitchen, living room, and assigned parking spaces. Each unit has extra storage space and parking area is level and big enough for RV parking. This property is perfect for those looking to grow their investment portfolio with stable income. The property...Rare Multi-Family Triplex Investment Opportunity. Unit #1 is a 2 bedroom 1 bathroom rental that has a kitchen, dining area, 2 car parking and private access to the spacious backyard. Units #2 & 3 are identical 1 bedroom 1 bathroom rentals that each have a kitchen, living room, and assigned parking spaces. Each unit has extra storage space and parking area is level and big enough for RV parking. This property is perfect for those looking to grow their investment portfolio with stable income. The property rents are below market and tenants leases are close to renewal. Located in the heart of Monroe you won't ever have a hard time keeping this property rented. Close to shopping, attractions, and HWY 2 / HWY 522.
- Listed by Jake Bond • RSVP Brokers ERA
- Listed by Yuliana Bond • RSVP Brokers ERA
Property Details for 15528 King Street
Community Name
North Monroe
School DistrictMonroe
ViewTerritorial
Number of Assigned Spaces5
Total Covered Parking0
Entry Date08-16-2024
Energy SourceElectric
SewerSewer Connected
LISTING UPDATED: 12/17/2024 11:02 AM
Property Details for 15528 King Street
| Status | Sold |
|---|---|
| MLS # | 2273271 |
| Days on Market | 94 |
| Cumulative Days on Market | 94 |
| Taxes | $4,542 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1983 |
| Lot Size | 0.24 AC / 10,454 SF |
| County | Snohomish County |
Building Information for 15528 King Street
Stories2Residences3Year Built1983Building Size-Lot Size0.24 AC / 10,454 SF
Property Information for 15528 King Street
Summary
Location and General Information
- Style: 53 - Tri-plex
- Site Features: Cable TV, High Speed Internet
- Area: 750 - East Snohomish County
- Elementary School: Buyer To Verify
- Middle Or Junior School: Buyer To Verify
- High School: Buyer To Verify
- Effective Year Built Source: Public Records
- Directions: From WA-522 E, Exit Monroe/W Main St, Traffic Circle, take the Monroe/W Main 2nd exit, Turn L onto 179th Ave SE, R onto King St, Destination on the Right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 5.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Laminate, Vinyl, Carpet
- Features: Laminate Hardwood, Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 0
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Zoning Class: Multi-Family
- First Right Of Refusal: false
- Possible Use: Multi-Family
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1983
- Photos Count: 10
Lot Information
- Lot Details: Paved, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 00707200000200
- Calculated Square Footage: 1568
- Structure Type: Triplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1568.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 5
- 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: $0
- Total Expenses: 10689
- Gross Adjusted Income: 43044
- Gross Rent Multiplier: 16.84
- Gross Scheduled Income: $43,044
- Insurance Expense: $1,843
- Net Operating Income: $32,354
- Other Expenses: $4,304
- Total Monthly Income: 3587
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 736
- Rent Unit 1: $1,330.00
- 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: 416
- Rent Unit 2: $1,199.00
- Bedrooms Unit 2: 1
- 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: 416
- Rent Unit 3: $1,058.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1568.0
- Leasable Area Units: Square Feet
Property History for 15528 King 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 15528 King Street
Taxable ValueLand$334,800Additions$199,200Total$534,000
Tax Record2023$3,986 ($332 / month)
Home Facts
Baths3Total Finished SqFt1,568 SqFtAbove Ground SqFt1,568 SqFtStories2Lot Size10,454 SqFtStyleTriplexYear Built1983ZoningMR6000CountySNOHOMISHAPN00707200000200
Schools near 15528 King Street
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.
Homes for Sale near Monroe Center
Neighborhoods
Cities
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. 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 RSVP Brokers ERA
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.
