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PENDING
Listing provided courtesy of Deanna Barley, KW Everett.
Source NWMLS.

306 W Wallace St, Granite Falls, WA 98252$468,900

4
beds
2
baths
1612
ft2
· 29621
ft2 lot
$291 / ft2

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Invest and/or Owner Occupy! Great opportunity to get into a home and make residual income! Nice duplex w/large lot and peaceful wooded backyard, dead end street, in quiet residential neighborhood. Close to lake and amenities. New windows + Unit A remodel in 2016. Ext paint 2010. New roof 2008. Fresh interior paint unit B. Covered carport and plenty of add parking. Top Unit B has two decks to enjoy sunrise and sunset. 2 Bedrms w/newer vinyl plank flooring, 1 full bath. Appliances stay. Unit A is identical w/extra closet. Unit A has tenant with excellent rental history- would like to stay. Potential add income for coin laundry/utility charge and 2 storage unit rentals. Sep meter for laundry. Easy to rent! Cap rate 4.8% w/potential growth!

HOA

$0/month

On market

2 months

Year built

1985

Property type

52 Duplex,Multi Family

Parking

4

MLS

1833519

Price / Sq.Ft.

$291 / ft2

Status

Pending Inspection

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Home details for 306 W Wallace St

Interior Features & Layout
Appliances
•   
Oven Unit 1
•   
Oven Unit 2
•   
Dishwasher Unit 1
•   
Dishwasher Unit 2
•   
Refrigerator Unit 1
•   
Refrigerator Unit 2
Heating & Cooling
•   
Heating Details: Baseboard
Flooring
•   
Flooring: Laminate, S
Bathrooms Info
•   
Unit 1 Baths: 1.00
•   
Unit 2 Baths: 1.00
•   
Unit 3 Baths: 0.00
•   
Unit 4 Baths: 0.00
•   
Unit 5 Baths: 0.00
•   
Unit 6 Baths: 0.00
Bedrooms Info
•   
Unit 2 Beds: 2
•   
Unit 1 Beds: 2
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Building: 2
Property Features
•   
View: Territorial
•   
Unit 1 Details: B
•   
Unit 2 Details: A
Community Features
•   
Area Amenities: Coin Op Laundry
Lot Info
•   
Lot Features: Cable TV, Deck
•   
Lot Size Source: Realist
•   
Lot Details: Dead End Street
Building Info
•   
Mls Prop Type: 52 - Duplex, Multi-Family
•   
Building Condition: Good
•   
Style: 52 - Duplex
•   
Foundation: Slab
•   
Roof: Composition
•   
Unit 2 Sqft: 806
•   
Unit 1 Sqft: 806
•   
Number Stories: 2
Exterior Features
•   
Building Exterior Details: Wood
Parking Info
•   
Uncovered Spaces: 2
•   
Carport Spaces: 2
Property Type
•   
Mls Property Type: Multi-Family
Utilities & Other Information
Water & Sewer Info
•   
Water / Sewer / Garbage: 2568
•   
Water Source: Public
•   
Sewer: Sewer Connected
Utilities
•   
Energy Source: Electric
Listing Details, Costs & Financing Information
Financial Info
•   
Insurance Expenses: 750
•   
Gross Scheduled Income: 29400
•   
Operating Expense: 7044, 7044
Listing Details
•   
Form 17: Provided
•   
Sale Type: MLS
•   
Preliminary Title Ordered
Terms
•   
Possession: Closing, Negotiable, Sub. Tenant's Rights
•   
Terms: Cash Out, Conventional, FHA
Buyer's Agent Commission
•   
Buyer's Agent Commission: 2.5
Lease Info
•   
Net Operating Income: 22356
•   
Monthly Rent Unit 1: 1250
•   
Monthly Rent: 2450
•   
Monthly Rent Unit 2: 1200
•   
Gross Rent Multiplier: 15
•   
Cap Rate: 4.80
•   
Gross Adjusted Income: 29400
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 3726
•   
Apn: 30062400102900
Listing Info
•   
Status: Pending Inspection
School Neighborhood & Directions
School Info
•   
Elementary School: Buyer To Verify
•   
High School: Buyer To Verify
•   
Middle School: Buyer To Verify
Location
•   
Directions: WA 92 E to R onto 96th St. NE & continue into W. Stanley then go R onto Cascade Ave to R onto Wallace St. 306 W Wallace will be on the left.

Neighborhood snapshot

Flyhomes
Washington
Snohomish
Granite Falls
Granite Falls
35
Properties for sale
6
Median days on market
$286.68
Median sold price/sqft
101.37%
Sold/List %
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Property History for 306 W Wallace St

10/11/2021
10/11/2021
NWMLS #1833519
pending
NWMLS #1833519
$468,900
09/02/2021
09/02/2021
NWMLS #1833519
active
NWMLS #1833519
$468,900
+61.72%
04/24/2017
04/24/2017
NWMLS #1086604
sold
NWMLS #1086604
$289,950
04/21/2017
04/21/2017
Public Record
sold
Public Record
$289,950
03/12/2017
03/12/2017
NWMLS #1086604
pending
NWMLS #1086604
See more property history

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1598
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 · 
67954
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Courtesy of NWMLS

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