1513 Walnut Street, Everett, WA 98201

$712,000
2,688
SqFt

Listing courtesy of Windermere Real Estate Co.. Selling Office: Design Realty PRSI Inc.

Sold Price
$712,000
List Price
$599,950
Status
SOLD
MLS#
1835369
Closing Date
Dec 09, 2021
Days on Market
10
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
2,688
Area Total SqFt
2688
Annual Tax Ammount
3864
Lot Size (sq ft)
3,049
Sewer
Sewer Connected
Offer Review Date
2021-10-18

Property Description

Quality triplex in great North Everett location. Good mixture of larger sized units. Extensive improvements to the exterior (Hardiplank siding, windows, paint and roof redone including rafters). Interiors have been refreshed with paint, carpet, laminate flooring, bathroom upgrades & nice appliances. Upper unit is huge - 1,344sf w/ large open living areas, spacious bedrooms & kitchen w/ large deck running the length of the building. Tenants are very well qualified with no delinquencies during covid. 3 separate electric meters and tenants are billed back for all utilities. Full sized washer & dryer in 2 of 3 units. Lots of parking off alley. Easy and quick access to I-5. All rents in listing are actual. One bedroom unit maybe non-conforming.

Additional Information

List Date
2021-11-29 00:00:00
Community
North Everett
Net Operating Income
$35,530
Gross Adjusted Income
$40,620
Gross Scheduled Income
$40,620
Total Monthly Income
$3,385
Insurance Expenses
$1,226
Gross Rent Multiplier
14
Total Expenses
$5,090
Cap Rate
5.92
Total Number of Units
3
Unit Name
1513
Potential Terms
Cash Out, Conventional
Year Built
1900
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially
Energy Source
Electric
School District
Everett
Elementary School
Garfield Elem
Middle School
North Mid
High School
Everett High
Total Monthly Income
$3,385
Gross Scheduled Income
$40,620
Gross Adjusted Income
$40,620
Tax Year
2021
Insurance Expense
$1,226
Total Expenses
$5,090
Net Operating Income
$35,530
Gross Rent Multiplier
14
Cap Rate
5.92
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