1117 16th Street Unit #1&2, Anacortes, WA 98221

$452,000
1,224
SqFt

Listing courtesy of Windermere RE Anacortes Prop.. Selling Office: Windermere RE Anacortes Prop..

Sold Price
$452,000
List Price
$375,000
Status
SOLD
MLS#
1718929
Closing Date
Feb 26, 2021
Days on Market
4
Style
52 - Duplex
Finished SqFt
1,224
Area Total SqFt
1224
Annual Tax Ammount
2577
Lot Size (sq ft)
6,000
Sewer
Sewer Connected
Offer Review Date
2021-01-28

Property Description

Excellent investment opportunity! Charming duplex in convenient in-town location. Easily accessible to downtown and local amenities. Each unit is 1 bedroom, 1 bath. Each unit has a small storage room and single car, detached garage.

Additional Information

List Date
2021-02-22 00:00:00
Community
Anacortes
Net Operating Income
$24,064
Gross Adjusted Income
$26,763
Gross Scheduled Income
$29,340
Total Monthly Income
$2,300
Insurance Expenses
$1,118
Water/Sewer/Garbage Expenses
$1,901
Gross Rent Multiplier
12
Total Expenses
$3,019
Cap Rate
7
Vacancy Rate
4
Total Number of Units
2
Unit Name
1117
Potential Terms
Cash Out, Conventional
Year Built
1935
Roof
Composition
Site Features
Cable TV
School District
Anacortes
Total Monthly Income
$2,300
Gross Scheduled Income
$29,340
Vacancy Rate
4
Gross Adjusted Income
$26,763
Tax Year
2020
Insurance Expense
$1,118
W/S/G Expenses
$1,901
Total Expenses
$3,019
Net Operating Income
$24,064
Gross Rent Multiplier
12
Cap Rate
7
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