18707 29th Avenue NE, Arlington, WA 98223

$615,000
2,448
SqFt

Listing courtesy of Marketplace Sotheby's Intl Rty. Selling Office: Windermere Real Estate M2 LLC.

Sold Price
$615,000
List Price
$610,000
Status
SOLD
MLS#
1787391
Closing Date
Jul 23, 2021
Days on Market
4
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,448
Area Total SqFt
2448
Annual Tax Ammount
3558
Lot Size (sq ft)
16,553
Sewer
Septic Tank

Property Description

Opportunity awaits! 2 unit Duplex. Great location close to everything & a very large lot! Current tenant rent below market value. Unit B is vacant and has been fixed up. Each unit has washer dryer hookups, and large walk in closets for the master bedroom. Partially fenced backyards. Each unit is 2 bed, 1.5 bath, with a nice layout.

Additional Information

List Date
2021-07-19 00:00:00
Community
Smokey Point
Net Operating Income
$31,105
Gross Adjusted Income
$36,600
Gross Scheduled Income
$36,600
Total Monthly Income
$36,600
Insurance Expenses
$621
Water/Sewer/Garbage Expenses
$1,080
Total Expenses
$5,495
Cap Rate
5.1
Total Number of Units
2
Unit Name
18707
Potential Terms
Cash Out, Conventional, FHA
Year Built
2000
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet, Propane
Electric Expenses
222
Energy Source
Electric, Propane
School District
Lakewood
Elementary School
Lakewood Elem
Middle School
Lakewood Mid
High School
Lakewood High
Total Monthly Income
$36,600
Gross Scheduled Income
$36,600
Gross Adjusted Income
$36,600
Tax Year
2021
Insurance Expense
$621
W/S/G Expenses
$1,080
Total Expenses
$5,495
Net Operating Income
$31,105
Cap Rate
5.1
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