1931 McDougall Avenue, Everett, WA 98201

$280,000
1,518
SqFt

Listing courtesy of KW Everett. Selling Office: Synergy Real Estate Services.

Sold Price
$280,000
List Price
$280,000
Status
SOLD
MLS#
1114493
Closing Date
May 25, 2017
Days on Market
7
Style
52 - Duplex
Building Condition
Average
Finished SqFt
1,518
Area Total SqFt
1518
Annual Tax Ammount
2499
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

Investor Alert! Great investment opportunity located near the heart of downtown. This duplex has many updated features which includes vinyl windows, vinyl siding and a newer roof put on in 2011. Upper unit is a 600 sq ft 2 bd 1 ba in good condition. The lower unit is a 2b 1ba and was remodeled just over a year ago with new flooring, cabinets, counter tops and paint. Located close to schools, Boeing, I-5 and the Naval Base, this property is a great opportunity for an investor or an owner occupant

Additional Information

List Date
2017-05-18 00:00:00
Community
Everett
Net Operating Income
$18,521
Gross Adjusted Income
$23,040
Gross Scheduled Income
$24,000
Total Monthly Income
$2,000
Insurance Expenses
$640
Water/Sewer/Garbage Expenses
$1,380
Gross Rent Multiplier
11
Total Expenses
$4,519
Cap Rate
6.61
Vacancy Rate
4
Total Number of Units
2
Unit Name
1931
Potential Terms
Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Year Built
1901
Roof
Composition
Site Features
Outbuildings
School District
Everett
Elementary School
Garfield Elem
Middle School
North Mid
High School
Everett High
Total Monthly Income
$2,000
Gross Scheduled Income
$24,000
Vacancy Rate
4
Gross Adjusted Income
$23,040
Tax Year
2017
Insurance Expense
$640
W/S/G Expenses
$1,380
Total Expenses
$4,519
Net Operating Income
$18,521
Gross Rent Multiplier
11
Cap Rate
6.61
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