New construction duplex in the Lake Stevens School District w/ easy access to SR 92, making it ideal for owner occupied investors and tenants who may commute or would like to stay in district. The exterior features durable cement planked siding, a fully fenced backyard, and ample parking. Inside, enjoy luxury laminate flooring, quartz countertops, stainless steel appliances, and a sliding glass door to the backyard. The main floor includes a primary bedroom with a full bath, while upstairs offers two large bedrooms and a full bath. Energy-efficient mini-splits and hybrid electric water heaters provide economical heating and cooling. Other bonuses include being 5 mins from the Lake, 10 mins from Frontier Village, and 13 mins from Costco.
Investment opportunity to purchase as a 6-unit apartment for immediate and long-term cash flow with upside or renovate and re-sell each townhome dwelling unit individually for near term profit. Each townhouse unit has its own parcel number, electric meter, water meter and are classified as “Common Wall Single Family Residences” (Not Condominiums). No condo paperwork required to sell off the units individually. The townhomes have 2 or 3 bedrooms with 1.5 baths, dishwashers, washer/dryers, carports and fully fenced backyards with storage sheds. It's adjacent to Frontier Heights Park and walking distance to Lake Stevens Marketplace and Frontier Village Shopping Center. The HOA provides a community center and abundant guest parking.
The median home value in Lake Stevens, WA is $769,900. This is higher than the county median home value of $702,400. The national median home value is $338,100. The average price of homes sold in Lake Stevens, WA is $769,900. Approximately 72.88% of Lake Stevens homes are owned, compared to 23.93% rented, while 3.19% are vacant. Lake Stevens real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Stevens real estate agent to arrange a tour today!
Lake Stevens, Washington has a population of 35,135. Lake Stevens is more family-centric than the surrounding county with 42.62% of the households containing married families with children. The county average for households married with children is 35.29%.
The median household income in Lake Stevens, Washington is $99,296. The median household income for the surrounding county is $95,618 compared to the national median of $69,021. The median age of people living in Lake Stevens is 34.5 years.
The average high temperature in July is 74 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 43.6 inches per year, with 3.8 inches of snow per year.