1204 Pacific Avenue, Everett, WA 98201

$380,000
1,824
SqFt

Listing courtesy of Coldwell Banker Bain. Selling Office: Champions Real Estate Services.

Sold Price
$380,000
List Price
$395,000
Status
SOLD
MLS#
1198475
Closing Date
Dec 20, 2017
Days on Market
21
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
1,824
Area Total SqFt
1824
Annual Tax Ammount
2492
Lot Size (sq ft)
3,920
Sewer
Sewer Connected
Offer Review Date
2017-10-05

Property Description

Triplex with Sound, City and Mountain views on a great corner lot. Super location, walk to all the City has to offer. Future potential, zoning is R4, possible 5 unit complex, 80 ft hight, buyer to verify! Units are in good shape with many improvements, long term Tenants, all Leases for another year. Big storage unit, carport and parking for 6 cars in backyard. Only one washer and dryer, coin operated. A great cash-cow! Please do not disturb Tenants, interior viewing with signed P & S Agreement.

Additional Information

List Date
2017-11-29 00:00:00
Community
Downtown
Net Operating Income
$26,116
Gross Adjusted Income
$30,180
Gross Scheduled Income
$30,180
Total Monthly Income
$2,515
Insurance Expenses
$952
Gross Rent Multiplier
13
Total Expenses
$4,064
Cap Rate
6.6
Total Number of Units
3
Unit Name
1204
Potential Terms
Cash Out, Conventional
Year Built
1901
View
City, Mountain(s), Ocean, Sound
Roof
Composition
Site Features
Cable TV, Gas Available
Other Expenses
620
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,515
Gross Scheduled Income
$30,180
Gross Adjusted Income
$30,180
Tax Year
2017
Insurance Expense
$952
Total Expenses
$4,064
Net Operating Income
$26,116
Gross Rent Multiplier
13
Cap Rate
6.6
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