$800,000

5 Beds 2 Baths 1,742 SQFT 0.40 Acres
Type: Multi-Family

31503 US 2
Sultan, WA 98294

MLS#: 2584927
Presented by: Windermere Real Estate/M2, LLC and NWMLS

Property Description

 

Prime Sultan location in the up and coming Urban Center ideally located between Hwy 2 and Main Street. Stunning Cascade Mountain views surround, enjoy your lunch at the Riverfront Travelers Park across the street, Dutch Cup or the neighboring Sultan Bakery. UC zoning is Sultan's highest density zoning offering mixed use; residential, multifamily, apartments, retail store fronts, restaurants, administrative, civic and other business buildings. With 24,000 cars passing through daily, this last stop for vacationers heading east to Mountain Recreation offers endless business opportunities. Realize instant revenue from leasing the commercial building and residential home. The Commercial building can support 1-2 leaseholders with a large Entry Foyer, 2 additional office spaces, and a partial kitchen meeting the needs of a variety of business owners. The well cared for 3 bedroom, 1 bath rental has a long term tenant and is move in ready. This double lot has huge potential for long term holding and development. The city of Sultan has plans to identify bike and pedestrian paths for increased walkability and recreation opportunities throughout the urban center and local parks. Come and contribute to the History of a local landmark town, that has been called one of the fastest growing cities in our region! This income producing property awaits your vision, don't miss out on this rare find!


 

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
FlooringLaminate, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

AFH434
Assoc Fee Paid PerNot Applicable
Building Area Units0 sqft
Cap Rate0
Carport Spaces5
Carport Y/NNo
CitySultan
CoolingDuctless
CountySnohomish
DirectionsGPS Friendly.
Electric Expense0
Elementary SchoolSultan Elem
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingBaseboard, Ductless, Wall Furnace
High SchoolSultan Snr High
High School DistrictSultan
Insurance Expense0
Leasable Area2,242 sqft
Listing TermsCash, Conventional
Living Area0 sqft
Lot Size Square Feet17,424 sqft
Lot Size UnitsSquare Feet
MLS Area750 - East Snohomish County
Middle/Junior High SchoolSultan Mid
NWM_ShowMapLinkY
Net Operating Income0
New ConstructionNo
Number Of Units Total2
PossessionClosing
Possible UseBusiness, Commercial, Multi-Family, Office, Residential, Retail
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksPrime Sultan location in the up and coming Urban Center ideally located between Hwy 2 and Main Street. Stunning Cascade Mountain views surround, enjoy your lunch at the Riverfront Travelers Park acros
RoofComposition, Torch Down
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameSultan Town
Tax Annual Amount$0
Tax Year2026
Units Below Gradefalse
Units In Building Total2
ViewCity, Mountains, Territorial
Virtual TourClick here
Water CompanyCity of Sultan
Water Sewer Garbage0
Year Built1963
Zoning DescriptionBusiness, Commercial, Multi-Family, Office, Residential, Retail

Exterior

Building Area Total1,742 sqft
Covered Spaces0
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions130 x 120
Lot FeaturesCurbs, Paved, Sidewalk
Lot Number2
Lot Size Acres0.4
Parking Uncovered Total11
Site FeaturesCable TV, Deck, High Speed Internet
Total Parking11
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School Sultan Elem
High School Sultan Snr High
Middle School Sultan Mid

  

Similar Properties

$800,000

5 Beds 2 Baths 1,742 SQFT 0.40 Acres
Type: Multi-Family

31503 US 2
Sultan, WA 98294

MLS#: 2584927