Description
Stable income and long-term upside combine in this 6-unit townhouse-style investment property in Sultan, WA. With a current 5.5% cap rate, all units individually metered, and tenants paying their own utilities, this turnkey asset offers investors both strong current returns and operational efficiency.The property consists of four 2-bed, 2.5-bath units (approx. 1,100 SF each) and two 3-bed, 2.5-bath units (approx. 1,350 SF)—all featuring private two-car garages and modern layouts that attract quality tenants. Low-maintenance construction, steady rental demand, and Sultan’s growing commuter appeal make this a standout multifamily hold within Snohomish County.Investment Highlights:6 townhouse-style units – quality newer construction5.5% current cap rate with potential for rent growth