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Reduced to the RIDICULOUS. 12.74 Cap Rate. Charming mixed use commercial-residential buildings located at 124 & 126 West Main ST-downtown Monroe. CASH COW!!! Originally built in 1903 as the town's hospital, Stephens Hospital charm and character still intact. 10 units total (2 studios, 4 one bedrooms, 3 two bedrooms and 1 commercial space.) Rents at $595, $595, $675, $565, $825, $795, $475, $895, $495 & $430. Plus $200 per month Laundry Income. Total Monthly Income of $6545. Annual income $78,540, . Snohomish County.
http://www.justinal eggett.com/mls-1283 2-feed-nwmls-addres s-126-w-main-st-mon roe-wa-$425,000-multi family-propIndex-5.aspx
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