2601 Walnut Street, Everett, WA 98201
- $535,000
- 2,124
- SqFt
Listing courtesy of AgencyOne. Selling Office: Homesmart Ion Realty Group.
- Sold Price
- $535,000
- List Price
- $499,900
- Status
- SOLD
- MLS#
- 1094752
- Closing Date
- Jun 20, 2017
- Days on Market
- 5
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,124
- Area Total SqFt
- 2124
- Annual Tax Ammount
- 2887
- Lot Size (sq ft)
- 6,970
- Sewer
- Sewer Connected
Property Description
Great income producing four plex with 5 storage spaces in the Riverside district of down town Everett area close to I-5 and on a bus route with coin operated W/D with individual parking spaces. Nice big corner lot. Mostly rented to long term tenants all below market rents. Provides great cash flow with huge upside potential. Fresh exterior paint, new composite roof and fence. There are 3-2Bed/1 Bath and 1-1 Bed/1Bath. Three of the four units are newly remodeled with new paint carpet and vinyl.
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Additional Information
- List Date
- 2017-06-15 00:00:00
- Community
- Riverside
- Net Operating Income
- $34,993
- Gross Adjusted Income
- $42,137
- Gross Scheduled Income
- $43,440
- Total Monthly Income
- $3,560
- Insurance Expenses
- $985
- Water/Sewer/Garbage Expenses
- $2,669
- Gross Rent Multiplier
- 12
- Total Expenses
- $7,144
- Cap Rate
- 7
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 2601
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1905
- View
- Territorial
- Roof
- Composition
- Site Features
- Disabled Access, Fenced-Partially
- Electric Expenses
- 603
- School District
- Everett
- Elementary School
- Garfield Elem
- Middle School
- North Mid
- High School
- Everett High
- Total Monthly Income
- $3,560
- Gross Scheduled Income
- $43,440
- Vacancy Rate
- 3
- Gross Adjusted Income
- $42,137
- Tax Year
- 2016
- Insurance Expense
- $985
- W/S/G Expenses
- $2,669
- Total Expenses
- $7,144
- Net Operating Income
- $34,993
- Gross Rent Multiplier
- 12
- Cap Rate
- 7
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