PROPERTIES FOR SALE

31727 76th Avenue NW Stanwood, WA 98292

NWMLS Courtesy of RE/MAX Gateway
31727 76th Avenue NW
Stanwood, WA 98292
$899,950
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
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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.

Property Features

Community: Lake Ketchum
Duplex
View: Territorial
Fenced-Partially
Patio
Propane
Shop
Exterior: Cement Planked
Exterior: Metal/Vinyl
Roof: Composition
Year Built: 2001
2025 Taxes: $7747.00
Buyer Broker Comp.: 3%
Listing #: 2477958

Lot Details

Lot Size: 5.00 acres
Lot Dimensions: 217,800
Dead End Street
No. of Units: 3

Interior

Cooling: None
Heating: Forced Air
Electric
Wood

Schools

District: Stanwood-Camano
Elem: Utsalady Elem
Middle: Stanwood Mid
High: Stanwood High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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