21 E Sullivan Street

Allyn, WA 98524

  • Bed

  • Bath

  • 3502 SqFt

  • 1 DOM

  • Built: 2022

  • Status: Active

$989,000

X

21 E Sullivan Street

Allyn 98524

$989000

  • Bed

  • Bath

  • 3502 SqFt

  • 1 DOM

  • Built: 2022

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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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Residence Information

  • 3502

  • Composition

  • 4,

  • 52 - Duplex

  • 2022

  • Poured Concrete

Features and Utilities

  • Tankless Water Heater

  • Cement Planked

  • Sewer Connected

  • 0

Financial

  • 4852

  • Cash, Conventional, VA Loan

  • 03-26-2026

Comparable Information

  • 1

  • 1

  • Cash, Conventional, VA Loan

  • $989,000

  • $989,000

  • Mar 27, 2026 06:20

Schools

Elementary : Buyer To Verify N/A Ratings
Middle : Buyer To Verify N/A Ratings
High : Buyer To Verify N/A Ratings

Map

Listing courtesy of RE/MAX Realty South.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Mar 27, 2026 08:20 | Listing last modified Mar 27, 2026 06:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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