$1,675,000

0 Beds 0 Baths 6,000 SQFT 6.45 Acres
Type: Multi-Family

20505 111th Avenue SE
Snohomish, WA 98296

MLS#: 2578200
Presented by: Realty One Group Enterprise; Kevin Zellmer; 425-213-7880; Kevin.zellmer71@gmail.com

Property Description

 

AMAZING One of a Kind Opportunity w/ $400k in equity and $600k in ARV value from tax record. This is a perfect gated property of 6.45 acres with 6 bedrooms and 3 kitchens and 4th kitchen Bar to be remodeled into an Adult Care Home, Treatment Facility or Senior Adult Family Home. In addition, create a multi living compound for 2-3 separate living quarters. Exceptional value for location, structure, opportunity with multiple kitchens for multi generational living, rentals if new design prefers. AIRBNB Short Term Rentals, long-term guests, assisted living, home-based business, Travel RN leases, or entertaining. Two tax parcels included in the sale. The property is not available for permitting any additional structures just the existing home and layouts and inspected septic. Recreate the charm and Luxury from the past and please look at previous listings for the landscaped oasis. Interior renovations is an open book for you to either leave or do some wall opening and make into a gorgeous multi-family or keep residential. Need strong buyer & offer to satisfy for closing. The Tax value is $2,187,600 & estimated ARV of over $2.4M!! Grounds are overgrown now and it needs work, but 2016 photos (from previous listing) reveal the potential. Don't scroll past or overlook this one; bring your offer and make this extraordinary property your own. Never get a chance like this amazing property in Snohomish County!


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Engineered Hardwood, Hardwood, Laminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric, Natural Gas, Wood
Total Fireplaces0
Total Stories2

General

AmenitiesStorage
Building Area Units0 sqft
Cap Rate0
Carport Spaces0
Carport Y/NNo
CitySnohomish
Cooling90%+ High Efficiency, Ductless, Forced Air, See Remarks
CountySnohomish
DirectionsFrom I-405, take WA-522 East toward Monroe. Exit at Echo Lake Rd, turn right onto Echo Lake Rd, then right on 224th St SE, follow to 111th Ave SE and turn right to 20505 111th Av SE
Electric Expense0
Fuel Expense0
Garage Spaces3
HOANo
HOA Fee$0
Heating90%+ High Efficiency, Ductless, Forced Air, Heat Pump
High School DistrictMonroe
Insurance Expense0
Leasable Area6,000 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet280,962 sqft
Lot Size UnitsSquare Feet
MLS Area610 - Southeast Snohomish
NWM_ShowMapLinkY
Net Operating Income0
New ConstructionNo
Number Of Units Total1
PossessionClosing
Property Style55 - 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksAMAZING One of a Kind Opportunity w/ $400k in equity and $600k in ARV value from tax record. This is a perfect gated property of 6.45 acres with 6 bedrooms and 3 kitchens and 4th kitchen Bar to be re
RoofComposition
Security FeaturesPartially Fenced, Security Gate
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameEcho Lake
Tax Annual Amount$0
Tax Year2026
Units Below Gradefalse
Units In Building Total6
ViewTerritorial
Water Sewer Garbage0
Waterfront FeaturesLow Bank, Lake
Year Built1991

Exterior

Building Area Total6,000 sqft
Covered Spaces3
Exterior AmenitiesBrick, Wood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesOpen Space, Paved, Secluded
Lot Size Acres6.45
Parking FeaturesRV Parking
Parking Uncovered Total7
Site FeaturesCabana/Gazebo, Cable TV, Deck, Dock, Fenced-Partially, Gated Entry, Outbuildings, Patio, RV Parking
Total Parking10
Waterfront Y/NYes

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$1,675,000

0 Beds 0 Baths 6,000 SQFT 6.45 Acres
Type: Multi-Family

20505 111th Avenue SE
Snohomish, WA 98296

MLS#: 2578200