MLS #2498531 / Listing provided by NWMLS & RE/MAX Realty South.
$989,000
21 E Sullivan Street
Allyn,
WA
98524
Sq Ft
Per Sq Ft
Year Built
Exceptional newer construction duplex with North Bay views in Allyn! Built in 2022, this thoughtfully designed 2-story duplex offers a rare investment or living opportunity with two identical mirrored units, each featuring a spacious open-concept layout, high ceilings, and durable vinyl plank flooring throughout. Each unit includes a beautifully appointed kitchen with an 8-foot quartz island, farmhouse sink, propane range, crown molding cabinetry, and soft-close cabinets, ideal for everyday living and entertaining. The primary suite offers a walk-in closet and an ensuite bath with soaking tub, oversized walk-in shower, and double sinks. Additional features include tankless on-demand water heaters, dedicated mudrooms, and two-car garages for each unit. Situated on a fully fenced 7,841 sq ft lot, the property offers peaceful North Bay territorial and partial water views. Conveniently located near Lakeland Village Golf Course and the Allyn waterfront. Investment highlights include projected gross rents of $67,080 annually, 6% vacancy estimate, and adjusted gross income of $63,055. Operating expenses approximately $6,585 annually with an estimated NOI of $56,470. At a list price of $989,000, this reflects an approximate 5.7% cap rate. Buyer to verify all information to their satisfaction.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 4
- Parking Total: 17
- Total Uncovered Parking Spaces: 13
Structure
- Roof: Composition
- Exterior Features: Cement Planked
- Foundation: Poured Concrete
Lot Details
- Lot Features: Dead End Street, Paved
- Acres: 0.18
- Foundation: Poured Concrete
Schools
- High School District: North Mason #403
- High School: Buyer To Verify
- Middle School: Buyer To Verify
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Dead End Street, Paved
- Acres: 0.18
- Foundation: Poured Concrete
Power
- Energy Source: Electric, Propane
- Power Company: PUD 3
Water, Sewer, and Garbage
- Sewer Company: Mason County Utilities
- Sewer: Sewer Connected
- Water Company: Port of Allyn
- Water, Sewer, and Garbage: 0
Christine Wilson
Broker | REALTOR®
Send Christine Wilson an email