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Listing provided courtesy of Arnold Hansen, Snohomish Properties.
Source NWMLS.
137 Kirby Dr, Monroe, WA 98272
9
beds
6
baths
10240
ft2
· 36590
ft2 lot
$2,995,000
$292 / ft2
Great opportunity!! This 12 unit complex is two buildings on two different Tax Parcel Numbers. Each building is 1-story and has 6 units with 3 2-bedroom units and 3 1-bedroom units. Each unit in the complex has a separate storage room and a covered parking space. The exterior of the buildings are partially brick. The tenants almost never move and have been long term tenants. The parking and driveways are all asphalted. Properties of this kind very seldom become available. The property us extraordinary value in this market. The rent is significantly under the market and could be increased to provide a 5-6% cap rate. Show with discretion and no interior showings except when under contract.
HOA
$0/month
On market
20 days
Year built
1967
Property type
56 10+ Units,Multi Family
Parking
12
MLS
1758771
Price / Sq.Ft.
$292 / ft2
Status
Active
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Flyhomes Cash Offer
Based on a price of $2,995,000
Rebate:
Cash Offer Costs:
Net Rebate:
Negotiating Power:
Flyhomes Cash Offer
$22,463
$4,801
+$502/day
$17,662
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Discount Brokerage
$10,333
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$10,333
Average
Traditional Brokerage
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not offered
$0
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Property Details
Interior Features & Layout
Oven Unit 1
Oven Unit 1
Oven Unit 2
Oven Unit 2
Dishwasher Unit 1
Dishwasher Unit 1
Dishwasher Unit 2
Dishwasher Unit 2
Dishwasher Unit 3
Dishwasher Unit 3
Dishwasher Unit 4
Dishwasher Unit 4
Dishwasher Unit 5
Dishwasher Unit 5
Dishwasher Unit 6
Dishwasher Unit 6
Heating Details
Baseboard
Refrigerator Unit 1
Refrigerator Unit 1
Flooring
Vinyl, Wall to Wall Carpet
Unit 6 Beds
1
Refrigerator Unit 2
Refrigerator Unit 2
Unit 5 Beds
1
Unit 1 Baths
1.00
Unit 4 Beds
1
Unit 2 Baths
1.00
Unit 3 Baths
1.00
Unit 3 Beds
2
Unit 4 Baths
1.00
Unit 2 Beds
2
Unit 1 Beds
2
Unit 5 Baths
1.00
Unit 6 Baths
1.00
Property, Lot, Community & Exterior Features
Total Units In Building
12
Garage Spaces
12
View
City, Territorial
Area Amenities
Coin Op Laundry, Storage, Thermal Windows
Zoning
Multi-Family
Lot Features
Cable TV
Lot Size Source
Assessor
Mls Prop Type
56 - 10+ Units, Multi-Family
Building Exterior Details
Brick, Wood
Zoning Type
City
Unit 6 Sqft
645
Building Condition
Very Good
Unit 5 Sqft
641
Style
56 - 10+ Units
Unit 4 Sqft
503
Foundation
Poured Concrete
Unit 3 Sqft
800
Roof
Composition
Effective Year Built
1967
Unit 2 Sqft
800
Lot Details
Paved Street, O
Unit 1 Sqft
756
Carport Spaces
12
Mls Property Type
Multi-Family
Unit 1 Details
1
Unit 2 Details
2
Unit 3 Details
3
Lot Dimensions
Rectangular
Unit 4 Details
4
Number Stories
1
Unit 5 Details
5
Year Built Source
PR
Unit 6 Details
6
Utilities & Other Information
Water / Sewer / Garbage
16790
Water Source
Public
Power Company
Snohomish Co. P.U.D.
Sewer Company
City of Monroe
Energy Source
Electric
Sewer
Sewer Connected
Water Company
City of Monroe
Electric Expenses
1371
Listing Details, Costs & Financing Information
Insurance Expenses
7828
Form 17
Provided
Possession
Closing, Sub. Tenant's Rights
Buyer's Agent Commission
2.5
Terms
Cash Out, Conventional
Net Operating Income
109291
Monthly Rent Unit 1
1100
Other Expenses
3867
Monthly Rent
12175
Monthly Rent Unit 2
1100
Monthly Rent Unit 3
1050
Cap Rate
3.65
Monthly Rent Unit 4
875
Monthly Rent Unit 5
950
Monthly Rent Unit 6
900
Tax Year
2020
Sale Type
MLS
Status
Active
Gross Scheduled Income
153600
Offers
RECEIPT
Taxes
14553
Operating Expense
44409, 44409
Preliminary Title Ordered
Preliminary Title Ordered
Apn
27060100406600
Gross Adjusted Income
153600
School Neighborhood & Directions
Elementary School
Frank Wagner Elem
Map Book
Thom
High School
Monroe High
Directions
From Highway#2 turn South on Kelsey Street, then turn West on Columbia Street, then South on Kirby Drive to property on the East or left side.
Zip Code +4
2148
Middle School
Monroe Mid
Details provided by NWMLS and may not match the public record.The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 06, 2021 6:26pm
Neighborhood snapshot
Flyhomes
Washington
Snohomish County
Monroe
Monroe
23
Properties for sale
5
Median days on market
$282.07
Median sold price/sqft
103.58%
Sold/List %
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Property History
04/16/2021
04/16/2021
NWMLS #1758771
active
NWMLS #1758771
$2,995,000
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Courtesy of NWMLS
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