2126 Walnut Street, Everett, WA 98201

$575,000
2,139
SqFt

Listing courtesy of Windermere Real Estate M2 LLC. Selling Office: Windermere Real Estate GH LLC.

Sold Price
$575,000
List Price
$575,000
Status
SOLD
MLS#
1533154
Closing Date
Nov 20, 2019
Days on Market
5
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,139
Area Total SqFt
2139
Annual Tax Ammount
5727
Lot Size (sq ft)
9,877
Sewer
Sewer Connected

Property Description

Multiple streams of income from the best multi-family opportunity in Everett. Main house is gorgeous 2-Bed w/ attic rm, granite counters, SS appliances and private yard. Det 2+ car garage could be rented for more $!. 2nd building has 2x 1Bed units individual carports and awesome courtyard. Quality of finish must be seen. Laundry and additional storage under main house. Plenty of off street parking. Live the good life with tenants paying your mortgage. Enjoy cash flow and appreciation.

Additional Information

List Date
2019-11-15 00:00:00
Community
Everett
Net Operating Income
$40,113
Gross Adjusted Income
$2,000
Gross Scheduled Income
$48,000
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$130
Gross Rent Multiplier
8
Total Expenses
$30
Cap Rate
6.7
Vacancy Rate
5
Total Number of Units
6
Unit Name
2126
Potential Terms
Cash Out, Conventional, FHA, Rehab Loan
Year Built
1921
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet, Outbuildings, RV Parking, Shop
School District
Everett
Elementary School
Garfield Elem
Middle School
North Mid
High School
Everett High
Gross Scheduled Income
$48,000
Vacancy Rate
5
Gross Adjusted Income
$2,000
Tax Year
2019
Insurance Expense
$1,000
W/S/G Expenses
$130
Total Expenses
$30
Net Operating Income
$40,113
Gross Rent Multiplier
8
Cap Rate
6.7
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