16425 Broadway Avenue Snohomish WA 98296 MLS #NWM2325007

Listing Provided Courtesy of Real Property Associates
Welcome to this exceptional commercial property zoned R-5 RB for both business and residential use sitting on an expansive 10,454 sq/ft corner lot. This well-established duplex w/ great cash flow opportunities. Situated conveniently close to major highways including 9, 522, and 405, its prime location ensures ease of access and high demand for rental units. The commercial zoning opens up exciting possibilities for increasing the property’s value. Furthermore, its proximity to abandoned RR tracks earmarked for future trail development adds another layer of potential appreciation. Both units of this property offer spacious layouts featuring 2 bedrooms and 1 bathroom each, complemented by generously sized living rooms complete w/ fireplaces.

Property Details

Price:
$799,950
MLS #:
NWM2325007
Status:
Active
Beds:
0
Baths:
0
Address:
16425 Broadway Avenue
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
Maltby
Neighborhood:
610 – Southeast Snohomish
City:
Snohomish
Listed Date:
Jan 26, 2025
State:
WA
Finished Sq Ft:
2,230
Total Sq Ft:
2,230
ZIP:
98296
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1922
Units:
2

Schools

School District:
Snohomish
Elementary School:
Cathcart Elem
Middle School:
Valley View Mid
High School:
Glacier Peak

Interior

Cooling
Forced Air, Wall Unit(s)
Heating
Forced Air, Wall Unit(s)

Exterior

Exterior Features
Wood
Parking Features
R V Parking
Parking Spots
6
Roof
Composition

Financial

Net Operating Income
$42,542
Tax Year
2024
Taxes
$6,588

Map

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16425 Broadway Avenue
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