248 & 250 Elm Street, Everett, WA 98203
- $807,500
- 3,767
- SqFt
Listing courtesy of Windermere Real Estate M2 LLC. Selling Office: Windermere Real Estate M2 LLC.
- Sold Price
- $807,500
- List Price
- $759,950
- Status
- SOLD
- MLS#
- 1718404
- Closing Date
- Mar 04, 2021
- Days on Market
- 6
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 3,767
- Area Total SqFt
- 3767
- Annual Tax Ammount
- 5516
- Lot Size (sq ft)
- 9,148
- Sewer
- Sewer Connected
- Offer Review Date
- 2021-01-26
Property Description
Beautifully maintained brick duplex in sought after View Ridge neighborhood. Ideal for Owner Occupied w/many updates. Unit #1(248) ~the largest unit, (2531 asf) is completely self contained. Level entry w/ full bsmt & features granite kitchen, stainless appliances, tile floors & ductless heat pump. Enjoys 4 bdrms, 2.75 bths, liv rm w/propane gas frpl, lg rec rm w/brick frpl, separate laundry rm & a private & gated deck. A fully fenced & spacious side yard + private dbl garage w/xtra storage/shop space is a bonus. Unit #2 (250-tenant) One level & has 1236 asf featuring 2 bdrms, 1.75 bths, granite kitchen, tile floors, washer/dryer, gas frpl, private deck & 1 car garage. Owner lived in #248 & rents #250 w/lease in place. Great neighborhood!
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Additional Information
- List Date
- 2021-02-26 00:00:00
- Community
- View Ridge
- Net Operating Income
- $38,474
- Gross Adjusted Income
- $49,200
- Gross Scheduled Income
- $49,200
- Total Monthly Income
- $1,700
- Insurance Expenses
- $1,610
- Water/Sewer/Garbage Expenses
- $3,600
- Gross Rent Multiplier
- 15
- Total Expenses
- $10,726
- Cap Rate
- 5.1
- Total Number of Units
- 2
- Unit Name
- 248 & 250
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1964
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, Propane
- School District
- Everett
- Elementary School
- View Ridge Elem
- Middle School
- Evergreen Mid
- High School
- Everett High
- Total Monthly Income
- $1,700
- Gross Scheduled Income
- $49,200
- Gross Adjusted Income
- $49,200
- Tax Year
- 2020
- Insurance Expense
- $1,610
- W/S/G Expenses
- $3,600
- Total Expenses
- $10,726
- Net Operating Income
- $38,474
- Gross Rent Multiplier
- 15
- Cap Rate
- 5.1
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