2509 Oakes Avenue, Everett, WA 98201

$387,500
1,615
SqFt

Listing courtesy of Unlock Seattle Real Estate LLC. Selling Office: John L. Scott Mukilteo.

Sold Price
$387,500
List Price
$400,000
Status
SOLD
MLS#
1293250
Closing Date
Jun 28, 2018
Days on Market
17
Style
52 - Duplex
Finished SqFt
1,615
Area Total SqFt
1615
Annual Tax Ammount
2980
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

R-4 zoned investment opportunity awaits with this cute as a button duplex in the amenity-rich and walk-friendly Bayside neighborhood in Everett. Each unit features 2 beds/one bath and a washer and dryer. Over-sized lot with plenty of off-street parking or room for future development. Mountain views from upper unit. Contractor-friendly crawl space. Easy potential conversion to single family home. Upcoming gas connection. Currently rented month to month with happy tenants.

Additional Information

List Date
2018-06-11 00:00:00
Community
North Everett
Net Operating Income
$22,062
Gross Adjusted Income
$28,200
Gross Scheduled Income
$28,200
Total Monthly Income
$2,350
Insurance Expenses
$661
Water/Sewer/Garbage Expenses
$2,497
Gross Rent Multiplier
14
Total Expenses
$6,138
Cap Rate
5.5
Total Number of Units
2
Unit Name
2509
Potential Terms
Cash Out, Conventional
Year Built
1905
View
Mountain(s)
Roof
Composition
Site Features
Fenced-Partially, Outbuildings
School District
Everett
Total Monthly Income
$2,350
Gross Scheduled Income
$28,200
Gross Adjusted Income
$28,200
Tax Year
2018
Insurance Expense
$661
W/S/G Expenses
$2,497
Total Expenses
$6,138
Net Operating Income
$22,062
Gross Rent Multiplier
14
Cap Rate
5.5
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Data last updated at .

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks