119 N Indiana AVE, Granite Falls, WA 98252
119 N Indiana AVE, Granite Falls, WA 98252
119 N Indiana AVE, Granite Falls, WA 98252
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Andy Holmstrom

Andy Holmstrom

+1(360) 421-9542
Listed by:KW North Sound • Toby L. Barnett
$1,250,000
Est. payment /mo
9 Beds
6 Baths
3,655 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,655 sqft

Price per Sqft $341

Subdivision Granite Falls

MLS Listing ID 2492468

Style 53 - Tri-plex

Bedrooms 9

HOA Fees $252/mo

Year Built 2008

Annual Tax Amount $9,274

Lot Size 1.055 Acres

Property Sub-Type Multi Family

Property Description

Excellent Investment Opportunity in Downtown Granite Falls! Located in the desirable Pilchuck Village community, this fully leased tri-plex offers a strong addition to any investment portfolio. With consistent occupancy and stable rental history, this property provides immediate income potential in a growing market. Each unit features a functional and appealing layout with an open-concept main floor that includes the kitchen, dining area, living space, laundry, and a convenient half bath. Upstairs, tenants enjoy a built-in desk area ideal for home office, schoolwork, or hobbies, along with a spacious primary bedroom with ensuite bath and two additional bedrooms and bath. The property has a new roof, and HOA dues help protect your investment by covering exterior maintenance such as paint, siding, landscaping, pest control, and gutters, helping reduce long-term ownership responsibilities. Each unit includes a single-car garage plus an additional parking space, with guest parking available for visitors. With its convenient downtown Granite Falls location, strong tenant appeal, and low exterior maintenance requirements, this property presents an excellent long-term hold opportunity. It may also be a great fit for investors completing a 1031 exchange from a single-family rental into multifamily, and it qualifies for DSCR financing with 25% down.

Location

State WA

County Snohomish

Area 760 - Northeast Snohomish?

Interior

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement Planked

Garage Spaces 3.0

Amenities Available Fenced-Fully, High Speed Internet, Patio

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Dead End Street, Paved

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Monte Cristo Elem

Middle Schools Granite Falls Mid

High Schools Granite Falls High

School District Granite Falls

Others

Senior Community No

Acceptable Financing Cash, Conventional, See Remarks

Listing Terms Cash, Conventional, See Remarks

Virtual Tour https://www.youtube.com/watch?v=0jStwCPMkg0

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Andy Holmstrom

Andy Holmstrom

+1(360) 421-9542

Agent | License ID: 80279

Agent License ID: 80279

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