12428 Meridian Avenue S, Everett, WA 98208

$769,950
3,840
SqFt

Listing courtesy of Windermere Real Estate/East. Selling Office: Caliber Real Estate.

Sold Price
$769,950
List Price
$769,950
Status
SOLD
MLS#
1397875
Closing Date
May 24, 2019
Days on Market
125
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,840
Area Total SqFt
3840
Annual Tax Ammount
5932
Lot Size (sq ft)
14,375
Sewer
Sewer Connected

Property Description

A phenomenal opportunity to invest in a fully rented property with long-tern tenants! Unlike similar properties, the big stuff has been done for you: Brand new vinyl windows/sliders, new roof in 2018, exterior paint in 2019, and interiors recently renovated, incl. all new paint and flooring! Look at the numbers and enjoy impressive cashflow from a low-maintenance property. Units are well-maintained by caring tenants. Tenants pay W/S. Tenants unaware of sale, pls do not disturb. Seconds to I-5.

Additional Information

List Date
2019-01-19 00:00:00
Community
Mariner
Net Operating Income
$42,829
Gross Adjusted Income
$57,700
Gross Scheduled Income
$57,600
Total Monthly Income
$5,045
Water/Sewer/Garbage Expenses
$1,800
Gross Rent Multiplier
13
Total Expenses
$9,512
Cap Rate
5.6
Vacancy Rate
2
Total Number of Units
4
Unit Name
12428
Potential Terms
Cash Out, Conventional
Year Built
1978
View
Territorial
Roof
Composition, See Remarks
Site Features
Cable TV, Deck, Patio
Other Expenses
5081
School District
Mukilteo
Elementary School
Discvy Elem
Middle School
Voyager Mid
High School
Mariner High
Total Monthly Income
$5,045
Gross Scheduled Income
$57,600
Vacancy Rate
2
Gross Adjusted Income
$57,700
Tax Year
2018
W/S/G Expenses
$1,800
Total Expenses
$9,512
Net Operating Income
$42,829
Gross Rent Multiplier
13
Cap Rate
5.6
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