5700 141st Street SW, Edmonds, WA 98026

$825,000
3,814
SqFt

Listing courtesy of Realty One Group Preview. Selling Office: Professional Realty Services.

Sold Price
$825,000
List Price
$893,450
Status
SOLD
MLS#
1329439
Closing Date
Nov 15, 2018
Days on Market
102
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,814
Area Total SqFt
3814
Annual Tax Ammount
5910
Lot Size (sq ft)
17,424
Sewer
Sewer Connected

Property Description

*ANOTHER* HUGE PRICE DROP!! MONEYMAKER! "Beautiful Picnic Point neighborhood AND Mukilteo Schools! 2 buildings with 2 units each. First building is 2 large no stair, one story units. 2nd building is 2 upper/lower apartments. Plenty of parking on this 17,424 sf lot. Extra income or park your RV in a private setting w/dump, H2O and power. Great opportunity in a quiet residential neighborhood"

Additional Information

List Date
2018-08-05 00:00:00
Community
Wingate
Net Operating Income
$60,192
Gross Adjusted Income
$79,200
Gross Scheduled Income
$6,650
Total Monthly Income
$6,650
Insurance Expenses
$1,211
Water/Sewer/Garbage Expenses
$3,300
Gross Rent Multiplier
13
Total Expenses
$15,048
Cap Rate
6.08
Vacancy Rate
5
Total Number of Units
4
Unit Name
5700
Potential Terms
Conventional
Year Built
1954
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, RV Parking
Electric Expenses
2800
Other Expenses
7582
School District
Mukilteo
Elementary School
Picnic Point Elem
Middle School
Harbour Pointe Mid
High School
Kamiak High
Total Monthly Income
$6,650
Gross Scheduled Income
$6,650
Vacancy Rate
5
Gross Adjusted Income
$79,200
Tax Year
2018
Insurance Expense
$1,211
W/S/G Expenses
$3,300
Total Expenses
$15,048
Net Operating Income
$60,192
Gross Rent Multiplier
13
Cap Rate
6.08
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