6321 Beverly Boulevard, Everett, WA 98203
- $1,125,000
- 5,393
- SqFt
Listing courtesy of Westlake Associates, Inc.. Selling Office: McCallen & Sons, Inc..
- Sold Price
- $1,125,000
- List Price
- $1,195,000
- Status
- SOLD
- MLS#
- 1696324
- Closing Date
- Jul 23, 2021
- Days on Market
- 89
- Style
- 55 - 5-9 Units
- Finished SqFt
- 5,393
- Area Total SqFt
- 5393
- Annual Tax Ammount
- 10967
- Lot Size (sq ft)
- 8,712
- Sewer
- Sewer Connected
Property Description
The Beverly Blvd Apts is an updated 8 unit apartment building in Everett. The stabilized asset provides strong cash flow to an investor with additional upsides in rents and implementation of utility bill back. The building has five 2-bed units, one 1-bed unit and two studios.
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Additional Information
- List Date
- 2021-04-25 00:00:00
- Community
- Pinehurst
- Net Operating Income
- $72,741
- Gross Adjusted Income
- $107,388
- Gross Scheduled Income
- $113,040
- Total Monthly Income
- $9,420
- Insurance Expenses
- $2,800
- Water/Sewer/Garbage Expenses
- $7,680
- Gross Rent Multiplier
- 11
- Total Expenses
- $34,647
- Cap Rate
- 6.09
- Vacancy Rate
- 5
- Total Number of Units
- 8
- Unit Name
- 6321
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1965
- Roof
- Flat
- Other Expenses
- 13200
- Energy Source
- Electric
- School District
- Everett
- Total Monthly Income
- $9,420
- Gross Scheduled Income
- $113,040
- Vacancy Rate
- 5
- Gross Adjusted Income
- $107,388
- Tax Year
- 2020
- Insurance Expense
- $2,800
- W/S/G Expenses
- $7,680
- Total Expenses
- $34,647
- Net Operating Income
- $72,741
- Gross Rent Multiplier
- 11
- Cap Rate
- 6.09
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