2519 Wetmore Avenue, Everett, WA 98201

$1,065,000
4,148
SqFt

Listing courtesy of Coldwell Banker Danforth. Selling Office: Keller Williams Eastside.

Sold Price
$1,065,000
List Price
$1,200,000
Status
SOLD
MLS#
1325459
Closing Date
Oct 24, 2018
Days on Market
75
Style
54 - 4-Plex
Building Condition
Average
Finished SqFt
4,148
Area Total SqFt
4148
Annual Tax Ammount
6814
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

CENTRAL EVERETT - Newer, modern townhouse style 4-plex. Walking distance to Downtown. Off street (carport) covered parking. Private entrances for each home. Washer/Dryer in each and Kitchens feature full size refrigerators, dishwasher, stove/oven. Full bath upstairs and two generous bedrooms. Long term tenants-below market rent. Projected G.S.I. is $74,400. Zoning allows for higher density/ multi -story.

Additional Information

List Date
2018-08-10 00:00:00
Community
Downtown
Net Operating Income
$60,395
Gross Adjusted Income
$72,168
Gross Scheduled Income
$74,400
Total Monthly Income
$6,200
Insurance Expenses
$1,811
Water/Sewer/Garbage Expenses
$3,053
Gross Rent Multiplier
16
Total Expenses
$11,773
Cap Rate
5.03
Vacancy Rate
3
Total Number of Units
4
Unit Name
2519
Potential Terms
Cash Out, Conventional, FHA
Year Built
1992
View
City
Roof
Composition
Site Features
Cable TV, High Speed Internet
Electric Expenses
95
School District
Everett
Total Monthly Income
$6,200
Gross Scheduled Income
$74,400
Vacancy Rate
3
Gross Adjusted Income
$72,168
Tax Year
2018
Insurance Expense
$1,811
W/S/G Expenses
$3,053
Total Expenses
$11,773
Net Operating Income
$60,395
Gross Rent Multiplier
16
Cap Rate
5.03
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