1216 12th Street, Anacortes, WA 98221

$418,000
1,446
SqFt

Listing courtesy of RE/MAX Gateway. Selling Office: RE/MAX Gateway.

Sold Price
$418,000
List Price
$439,000
Status
SOLD
MLS#
1498010
Closing Date
Jan 27, 2020
Days on Market
105
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,446
Area Total SqFt
1446
Annual Tax Ammount
2787
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

Anacortes Duplex w/ $2790/income and Zoned R4 so additional unit(s) could be built in/above garage. Copper plumbing, updated electric, 2006 roof, newer furnace and vinyl siding. UNIT 1: Classic 3BD/1.5 BA house with 1 car detached garage UNIT 2: Fully-furnished studio brings above average rents from extended stay guests. Lots of parking and alley access! "Old Town" location.

Additional Information

List Date
2019-10-14 00:00:00
Community
Old Town
Net Operating Income
$28,632
Gross Scheduled Income
$34,680
Insurance Expenses
$512
Water/Sewer/Garbage Expenses
$1,906
Gross Rent Multiplier
14
Cap Rate
6.5
Total Number of Units
2
Unit Name
1216
Potential Terms
Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Year Built
1943
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, RV Parking, Shop
School District
Anacortes
Elementary School
Buyer To Verify
Middle School
Anacortes Mid
High School
Anacortes High
Gross Scheduled Income
$34,680
Tax Year
2019
Insurance Expense
$512
W/S/G Expenses
$1,906
Net Operating Income
$28,632
Gross Rent Multiplier
14
Cap Rate
6.5
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