3230 Rucker Avenue, Everett, WA 98201

$1,320,000
6,098
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: My Seattle Realty, Inc.

Sold Price
$1,320,000
List Price
$1,300,000
Status
SOLD
MLS#
1293596
Closing Date
Jun 08, 2018
Days on Market
13
Style
55 - 5-9 Units
Finished SqFt
6,098
Area Total SqFt
6098
Annual Tax Ammount
7707
Lot Size (sq ft)
6,098
Sewer
Available

Property Description

The eight unit Rucker Avenue Apartments located in the desirable Port Gardner neighborhood of Everett. The property is located on the south side of downtown Everett near the corner of 32nd Street and Rucker Avenue. The property is within walking distance of Everett’s downtown amenities and boasts an 85 Walkscore. 3230 Rucker Avenue Apartments offer investors a wide array of potential value add opportunities such as raising rents to market or renovating units to achieve higher market rents.

Additional Information

List Date
2018-05-26 00:00:00
Community
Everett
Net Operating Income
$67,868
Gross Adjusted Income
$94,821
Gross Scheduled Income
$98,772
Total Monthly Income
$8,231
Insurance Expenses
$1,376
Water/Sewer/Garbage Expenses
$7,834
Gross Rent Multiplier
13
Total Expenses
$26,953
Cap Rate
5.22
Vacancy Rate
4
Total Number of Units
8
Unit Name
3230
Potential Terms
Cash Out
Year Built
1987
Roof
Composition
Other Expenses
10036
School District
Everett
Total Monthly Income
$8,231
Gross Scheduled Income
$98,772
Vacancy Rate
4
Gross Adjusted Income
$94,821
Tax Year
2017
Insurance Expense
$1,376
W/S/G Expenses
$7,834
Total Expenses
$26,953
Net Operating Income
$67,868
Gross Rent Multiplier
13
Cap Rate
5.22
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