506 97th Drive NE Unit #A & B, Lake Stevens, WA 98258

$364,000
1,664
SqFt

Listing courtesy of Gilpin Realty, Inc.. Selling Office: Gilpin Realty, Inc..

Sold Price
$364,000
List Price
$364,000
Status
SOLD
MLS#
1243032
Closing Date
Apr 18, 2018
Days on Market
18
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
1,664
Area Total SqFt
1664
Annual Tax Ammount
3350
Lot Size (sq ft)
13,939
Sewer
Sewer Connected

Property Description

This is a great Rambler Style Duplex opportunity Located in the heart of Lake Stevens! Walking distance to shopping/restaurants. Each side feat. 2 beds, 1 bath, 832 SF w/ its own laundry hookup, & its own 2 Car garage! Roof installed in 2012, Crawl space recently gone through & new sump pump installed. Exterior is in good shape w/ lots of parking & easy maintenance. Longtime tenants 17 & 23 years. No remodeling has been done, Duplex is priced accordingly. Rents are below market! #Don't miss out!

Additional Information

List Date
2018-03-31 00:00:00
Community
Lake Stevens
Net Operating Income
$13,076
Gross Adjusted Income
$21,420
Gross Scheduled Income
$21,420
Total Monthly Income
$1,785
Insurance Expenses
$580
Water/Sewer/Garbage Expenses
$2,414
Gross Rent Multiplier
17
Total Expenses
$8,344
Cap Rate
3.59
Total Number of Units
2
Unit Name
506
Potential Terms
Cash Out, Conventional
Year Built
1978
View
Territorial
Roof
Composition
Site Features
RV Parking
Other Expenses
2000
School District
Lake Stevens
Elementary School
Buyer To Verify
Middle School
Lake Stevens Middle
High School
Lake Stevens Snr Hig
Total Monthly Income
$1,785
Gross Scheduled Income
$21,420
Gross Adjusted Income
$21,420
Tax Year
2017
Insurance Expense
$580
W/S/G Expenses
$2,414
Total Expenses
$8,344
Net Operating Income
$13,076
Gross Rent Multiplier
17
Cap Rate
3.59
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