2423 Rucker Ave, Everett, WA 98201
- $1,390,000
- 5,166
- SqFt
Listing courtesy of Keller Williams Rlty Bellevue.
- List Price
- $1,390,000
- Status
- ACTIVE
- MLS#
- 1719246
- Days on Market
- 39
- Style
- 55 - 5-9 Units
- Building Condition
- ['Average']
- Finished SqFt
- 5,166
- Lot Size (sq ft)
- 6,098
Property Description
Rare Everett opportunity. This 9 unit 100% occupied building consists of 3 studios, 4 one bedrooms and 2 two bedrooms one of which has been renovated. Coin operated laundry and a Garage can easily be converted to a large 10th unit. Rents have not been increased in many years and are far below market. Current monthly rent total is $7265 With upgrades and increases you could easily reach rents of $10,500 per month. This Rucker area is in the middle of renewal project which will promote redevelopment and increased property values. Displayed rents are proforma based on comparable rents in the area.
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Additional Information
- List Date
- 2021-01-20 00:00:00
- Community
- Historic N Everett
- Property Type
- MULT
- Units
- 9
- Stories
- 2
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1910
- Total Parking
- 14
- Uncovered Parking
- 11
- Exterior
- Brick, Wood, Wood Products
- Roof
- Flat
- Lot Details
- Community Golf Cours, Paved Street, Sidewalk
- School District
- Everett
- Gross Scheduled Income
- $107,880
- Vacancy Rate
- 1
- Gross Adjusted Income
- $106,801
- Annual Taxes
- $9,429
- Tax Year
- 2020
- Insurance Expense
- $3,000
- W/S/G Expenses
- $3,100
- Net Operating Income
- $89,901
- Gross Rent Multiplier
- 16
- Cap Rate
- 6
Room Dimensions
- Unit 1 Beds
- 1
- Unit 1 Baths
- 1.00
- Unit 1 Size
- 375
- Unit 1 Rent
- $795
- Unit 2 Beds
- 1
- Unit 2 Baths
- 1.00
- Unit 2 Size
- 300
- Unit 2 Rent
- $695
- Unit 3 Beds
- 1
- Unit 3 Baths
- 1.00
- Unit 3 Size
- 300
- Unit 3 Rent
- $500
- Unit 4 Beds
- 1
- Unit 4 Baths
- 1.00
- Unit 4 Size
- 450
- Unit 4 Rent
- $825
- Unit 5 Beds
- 1
- Unit 5 Baths
- 1.00
- Unit 5 Size
- 450
- Unit 5 Rent
- $825
- Unit 6 Beds
- 1
- Unit 6 Baths
- 1.00
- Unit 6 Size
- 450
- Unit 6 Rent
- $825
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