5206 S 2nd Avenue, Everett, WA 98203
- $495,000
- 2,080
- SqFt
Listing courtesy of Downtown Dennis Real Estate. Selling Office: Keller Williams Realty Bothell.
- Sold Price
- $495,000
- List Price
- $499,000
- Status
- SOLD
- MLS#
- 1579523
- Closing Date
- Jun 24, 2020
- Days on Market
- 54
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,080
- Area Total SqFt
- 2080
- Annual Tax Ammount
- 3656
- Lot Size (sq ft)
- 4,791
- Sewer
- Sewer Connected
Property Description
ATTENTION INVESTORS! 6.7% CAP RATE! Fully renovated commercial building with rare B-2 zoning in Lowell neighborhood. Property is currently non-conforming triplex with long term tenants. Spacious 3 bedroom unit upstairs and 2 1 bedroom units below. This property is clean and well cared for, inside and out. Future use could include your business with great storefront space on ground level.
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Additional Information
- List Date
- 2020-05-01 00:00:00
- Community
- Lowell
- Net Operating Income
- $33,508
- Gross Adjusted Income
- $43,800
- Gross Scheduled Income
- $43,800
- Total Monthly Income
- $3,650
- Insurance Expenses
- $1,800
- Water/Sewer/Garbage Expenses
- $4,838
- Gross Rent Multiplier
- 11
- Total Expenses
- $10,292
- Cap Rate
- 6.7
- Total Number of Units
- 3
- Unit Name
- 5206
- Potential Terms
- Conventional
- Year Built
- 1922
- View
- Mountain(s), Partial
- Roof
- Composition
- Site Features
- Cable TV, Deck
- School District
- Everett
- Total Monthly Income
- $3,650
- Gross Scheduled Income
- $43,800
- Gross Adjusted Income
- $43,800
- Tax Year
- 2020
- Insurance Expense
- $1,800
- W/S/G Expenses
- $4,838
- Total Expenses
- $10,292
- Net Operating Income
- $33,508
- Gross Rent Multiplier
- 11
- Cap Rate
- 6.7
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