2004 Valley View Drive, Lake Stevens, WA 98258
- $1,139,050
- 3,776
- SqFt
Listing courtesy of Lamb Real Estate.
- List Price
- $1,139,050
- Status
- PENDING
- MLS#
- 2532828
- Days on Market
- 77
- Style
- 53 - Tri-plex
- Finished SqFt
- 3,776
- Area Total SqFt
- 3776
- Annual Tax Ammount
- 8949
- Lot Size (sq ft)
- 27,443
- Sewer
- Septic Tank
Property Description
Welcome to this stunning triplex nestled in Lake Stevens on 1.61 acres! As you enter, the property features breathtaking river/valley views. Explore opportunities for investment with three rental units, all currently rented; immediate income potential. Two units offer 944sqft, two-bedroom, one-bath spaces w/ two-car carports. For the resident's convenience, separate laundry/storage are also provided. The third unit boasts 1800+sqft, two ensuites, an in-unit laundry, & office space, w/ custom features throughout! Additionally, this unit features a separate lower garage space. This property has quick access to Hwy 2/Hwy 204. Don't miss this rare opportunity to own a piece of paradise in the heart of the Snohomish Valley!
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Additional Information
- List Date
- 2026-05-11 00:24:11
- Community
- Lake Stevens
- Net Operating Income
- $68,907
- Gross Adjusted Income
- $80,280
- Gross Scheduled Income
- $80,280
- Total Monthly Income
- $6,690
- Insurance Expenses
- $1,344
- Water/Sewer/Garbage Expenses
- $1,080
- Gross Rent Multiplier
- 14.94
- Total Expenses
- $11,373
- Cap Rate
- 5.75
- Total Number of Units
- 3
- Unit Name
- 2004
- Potential Terms
- Cash, Conventional
- Year Built
- 1976
- View
- City, Mountains, River, Territorial
- Roof
- Torch Down
- Site Features
- Cable TV, Deck, High Speed Internet, RV Parking, Shop
- Energy Source
- Electric
- School District
- Lake Stevens
- Elementary School
- Skyline Elem
- Middle School
- Lake Stevens Middle
- High School
- Lake Stevens Snr Hig
- Total Monthly Income
- $6,690
- Gross Scheduled Income
- $80,280
- Gross Adjusted Income
- $80,280
- Tax Year
- 2025
- Insurance Expense
- $1,344
- W/S/G Expenses
- $1,080
- Total Expenses
- $11,373
- Net Operating Income
- $68,907
- Gross Rent Multiplier
- 14.94
- Cap Rate
- 5.75
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.