NEW! Buy and sell safely with virtual options - Learn More
About the Listing 3643 - 75070
2 HOMES + SHOP + 5 ACRES – TURNKEY INCOME Investor alert or ideal live-work setup in the Lake Ketchum area. This 5-acre rural estate includes two ramblers (duplex without a common wall) plus a 40x60 shop with office, creating multiple income streams with room to grow.Current income - Unit A: 2 bed / 2 bath rambler, separate utility room, currently rented for $2,500/month.Unit B: 2+ bed / 1.75 bath rambler featuring an enclosed backporch and outdoor kitchen, currently rented for $2,700/month. Office in the shop currently rented for $1800/mo. 40x60 shop with tall door, spacious office w/kitchenette and 3/4 bath - (ideal for a home-based business, tradesperson, storage, or work space).Total current income is approximately 7K/month, with future upside when the shop is fully vacated and repositioned at market rent, or by separately leasing pasture space for livestock, or storage. This is a GREAT opportunity to step into an income-producing asset with strong functionality: live in one unit and rent the others, keep it fully tenant-occupied, or create a true live-work hub with additional rental revenue.Level acreage with approx. 2 acres fenced, garden area ready to be finished, trees for privacy, pond, RV and extra parking, with easy access to I-5 and downtown Stanwood for services and commuting. Strong, flexible property profile for investors, owner-users, or multi-generational buyers who want the numbers to pencil. Do not disturb tenants, please.
Listing Highlights
Status
Pending
Days on Site
15
Property Type
Multi-Family
MLS ®
2477958
Year Built
2001
Total Square Footage
2,887
Lot/Acreage
5
County
Snohomish
Neighborhood
Lake Ketchum
School District
Stanwood-Camano
Elementary School
Utsalady Elementary
Middle School
Stanwood Middle
High School
Stanwood High
Interior Details
- Bedrooms: 4
- Bathrooms: 3.75 Full
- Appliances: Tankless Water Heater
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Hardwood,Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private Well
Exterior Details
- Lot Description: Dead End Street,Fenced-Partially,Patio,Propane,Shop,Zoning: See Remarks
- Garage Capacity: N/A
- Lot Dimensions: 217,800
- Zoning: See Remarks
- Roof: Composition
- Others: Cement Planked,Metal/Vinyl,Good
- Sewer: Septic
Financial Details
- Tax Amount: $7,747
- Taxes w/Assessments: N/A
- Tax/Property ID: 32040500301400
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
31727 76th Ave NW Stanwood, WA 98292
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
