7117 Lower Ridge Road, Everett, WA 98203
- $624,500
- 2,678
- SqFt
Listing courtesy of The Cascade Team. Selling Office: Keller Williams Realty Bothell.
- Sold Price
- $624,500
- List Price
- $625,000
- Status
- SOLD
- MLS#
- 1626725
- Closing Date
- Aug 05, 2020
- Days on Market
- 3
- Style
- 52 - Duplex
- Finished SqFt
- 2,678
- Area Total SqFt
- 2678
- Annual Tax Ammount
- 8204
- Lot Size (sq ft)
- 37,461
- Sewer
- Sewer Connected
Property Description
Excellent Investment Opportunity ~ A duplex that lives like a home! Sited down a long driveway and backing to an NGPA area for nature & privacy, this sun-drenched property features: 2 - 1,339 asf, 3-bed, 1.5-bath, 1-car garage, 1-fireplace units w/a large Timbertech deck looking out to your FABULOUS yard. Storage shed, lots of additional parking, newer garage doors, laminate floors & mini-splits for AC/heat. Put your home to work for you owner occ. one side & rent the other or rent both sides!
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Additional Information
- List Date
- 2020-08-02 00:00:00
- Community
- Beverly Park
- Net Operating Income
- $28,127
- Gross Scheduled Income
- $43,200
- Total Monthly Income
- $1,750
- Insurance Expenses
- $941
- Water/Sewer/Garbage Expenses
- $4,848
- Gross Rent Multiplier
- 14
- Total Expenses
- $15,073
- Cap Rate
- 4.5
- Total Number of Units
- 2
- Unit Name
- 7117
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1992
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings
- Electric Expenses
- 1080
- School District
- Everett
- Total Monthly Income
- $1,750
- Gross Scheduled Income
- $43,200
- Tax Year
- 2020
- Insurance Expense
- $941
- W/S/G Expenses
- $4,848
- Total Expenses
- $15,073
- Net Operating Income
- $28,127
- Gross Rent Multiplier
- 14
- Cap Rate
- 4.5
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