923 E Marine View Drive Unit #1-5, Everett, WA 98201
- $1,350,000
- 3,764
- SqFt
Listing courtesy of RSVP Real Estate-ERA Powered. Selling Office: Realty One Group Imagine.
- Sold Price
- $1,350,000
- List Price
- $1,375,000
- Status
- SOLD
- MLS#
- 1722297
- Closing Date
- Nov 04, 2021
- Days on Market
- 243
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,764
- Area Total SqFt
- 3764
- Annual Tax Ammount
- 6129
- Lot Size (sq ft)
- 31,362
- Sewer
- Sewer Connected
Property Description
Great Build & Hold Opportunity! Permits Previously Approved! Ready to Build 17 units! Earn as you build. Market Rent NOI: $75,420. There is room to remodel units and increase market rents! Purchase includes 3 parcels: Townhouse style 4 - Plex, 1 Bedroom House and a vacant lot zoned R4. Completed you'll have a total of 21 Units in Thriving & growing Everett just blocks from new Waterfront development! Great access to I-5, Shops & Restaurants. Cascades, valley and river views. New Roof, some units and home have been lightly remodeled. Welcome!
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Additional Information
- List Date
- 2021-03-06 00:00:00
- Community
- North Everett
- Net Operating Income
- $6,575
- Gross Adjusted Income
- $6,285
- Gross Scheduled Income
- $7,585
- Total Monthly Income
- $6,285
- Insurance Expenses
- $500
- Water/Sewer/Garbage Expenses
- $100
- Gross Rent Multiplier
- 1
- Total Expenses
- $6,629
- Cap Rate
- 4
- Vacancy Rate
- 5
- Total Number of Units
- 5
- Unit Name
- 923
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1980
- View
- Mountain(s), Territorial
- Roof
- Composition
- Site Features
- Cable TV, High Speed Internet, Patio
- Electric Expenses
- 100
- Other Expenses
- 500
- Energy Source
- Electric
- School District
- Everett
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,285
- Gross Scheduled Income
- $7,585
- Vacancy Rate
- 5
- Gross Adjusted Income
- $6,285
- Tax Year
- 2020
- Insurance Expense
- $500
- W/S/G Expenses
- $100
- Total Expenses
- $6,629
- Net Operating Income
- $6,575
- Gross Rent Multiplier
- 1
- Cap Rate
- 4
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