13900 Meadow Rd, Everett, WA 98208

$700,000
2,760
SqFt

Listing courtesy of Skyline Properties, Inc.. Selling Office: Windermere RE North, Inc..

Sold Price
$700,000
List Price
$715,000
Status
SOLD
MLS#
1502072
Closing Date
Dec 13, 2019
Days on Market
93
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,760
Area Total SqFt
2760
Annual Tax Ammount
4944
Lot Size (sq ft)
16,553
Sewer
Septic Tank

Property Description

Excellent condition for identical 3BR, 2.5BTH, 2-Car garage side-by-side townhome style duplex! Turn-key investment with low rent and large 1/3 acre lot for possible extra home/duplex - Buyer to verify. Bright units w/ large Master bedrooms. Furnished w/ all appliances. Close to I-5, Providence Hospital, and Boeing. Great for investment and/or live in one unit! Market rent at $2,000+ per unit, currently at $1725. Price Reduced and Motivated Sellers!

Additional Information

List Date
2019-09-11 00:00:00
Community
Martha Lake
Net Operating Income
$33,578
Gross Adjusted Income
$40,158
Gross Scheduled Income
$41,400
Total Monthly Income
$3,450
Insurance Expenses
$1,286
Gross Rent Multiplier
19
Total Expenses
$6,580
Cap Rate
4.2
Vacancy Rate
3
Total Number of Units
2
Unit Name
13900
Potential Terms
Cash Out, Conventional
Year Built
2004
View
Territorial
Roof
Composition
Site Features
Deck, RV Parking
Electric Expenses
50
Other Expenses
300
School District
Mukilteo
Elementary School
Discvy Elem
Middle School
Voyager Mid
High School
Mariner High
Total Monthly Income
$3,450
Gross Scheduled Income
$41,400
Vacancy Rate
3
Gross Adjusted Income
$40,158
Tax Year
2019
Insurance Expense
$1,286
Total Expenses
$6,580
Net Operating Income
$33,578
Gross Rent Multiplier
19
Cap Rate
4.2
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