This newer-construction duplex presents an outstanding opportunity for an investor or owner-occupant. One unit is currently vacant and ready for immediate move-in, while the second unit is occupied on a month-to-month lease, providing immediate cash flow with flexibility to adjust as needed. Located in the charming waterfront town of Allyn—just minutes from Lakeland Village Golf Club and the local boat launch—each side of the duplex offers a spacious 3-bedroom, 2.5-bath layout. Both units feature modern open-concept designs, stainless steel appliances, attractive wood cabinetry, and generous kitchen islands that appeal to today’s tenants (or make for comfortable living). With low-maintenance construction, a strong rental history, and solid income potential in a growing market, this property is ideal for someone looking to live in one unit while renting out the other, or for an investor seeking reliable returns. A rare chance to acquire a high-performing, turnkey duplex in a desirable location.
This newer-construction duplex presents an outstanding opportunity for an investor or owner-occupant. One unit is currently vacant and ready for immediate move-in, while the second unit is occupied on a month-to-month lease, providing immediate cash flow with flexibility to adjust as needed. Located in the charming waterfront town of Allyn—just minutes from Lakeland Village Golf Club and the local boat launch—each side of the duplex offers a spacious 3-bedroom, 2.5-bath layout. Both units feature modern open-concept designs, stainless steel appliances, attractive wood cabinetry, and generous kitchen islands that appeal to today’s tenants (or make for comfortable living). With low-maintenance construction, a strong rental history, and solid income potential in a growing market, this property is ideal for someone looking to live in one unit while renting out the other, or for an investor seeking reliable returns. A rare chance to acquire a high-performing, turnkey duplex in a desirable location.
This newer-construction duplex presents an outstanding opportunity for an investor or owner-occupant. One unit is currently vacant and ready for immediate move-in, while the second unit is occupied on a month-to-month lease, providing immediate cash flow with flexibility to adjust as needed. Located in the charming waterfront town of Allyn—just minutes from Lakeland Village Golf Club and the local boat launch—each side of the duplex offers a spacious 3-bedroom, 2.5-bath layout. Both units feature modern open-concept designs, stainless steel appliances, attractive wood cabinetry, and generous kitchen islands that appeal to today’s tenants (or make for comfortable living). With low-maintenance construction, a strong rental history, and solid income potential in a growing market, this property is ideal for someone looking to live in one unit while renting out the other, or for an investor seeking reliable returns. A rare chance to acquire a high-performing, turnkey duplex in a desirable location.
This newer-construction duplex presents an outstanding opportunity for an investor or owner-occupant. One unit is currently vacant and ready for immediate move-in, while the second unit is occupied on a month-to-month lease, providing immediate cash flow with flexibility to adjust as needed. Located in the charming waterfront town of Allyn—just minutes from Lakeland Village Golf Club and the local boat launch—each side of the duplex offers a spacious 3-bedroom, 2.5-bath layout. Both units feature modern open-concept designs, stainless steel appliances, attractive wood cabinetry, and generous kitchen islands that appeal to today’s tenants (or make for comfortable living). With low-maintenance construction, a strong rental history, and solid income potential in a growing market, this property is ideal for someone looking to live in one unit while renting out the other, or for an investor seeking reliable returns. A rare chance to acquire a high-performing, turnkey duplex in a desirable location. This particular unit is priced higher than the neighboring duplexes due to the extra parking.
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.
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Allyn is located in Washington. Allyn, Washington has a population of 2,363. Allyn is less family-centric than the surrounding county with 21.54% of the households containing married families with children. The county average for households married with children is 26.36%.
The median household income in Allyn, Washington is $94,952. The median household income for the surrounding county is $66,325 compared to the national median of $69,021. The median age of people living in Allyn is 53.6 years.
The average high temperature in July is 75.8 degrees, with an average low temperature in January of 35.4 degrees. The average rainfall is approximately 54.3 inches per year, with 2.3 inches of snow per year.