1212 Pacific Avenue, Everett, WA 98201

$510,000
1,477
SqFt

Listing courtesy of Home Realty. Selling Office: Specialty Real Estate Group.

Sold Price
$510,000
List Price
$499,000
Status
SOLD
MLS#
2030614
Closing Date
Mar 02, 2023
Days on Market
2
Style
52 - Duplex
Finished SqFt
1,477
Area Total SqFt
1477
Annual Tax Ammount
3333
Lot Size (sq ft)
3,049
Sewer
Sewer Connected

Property Description

Yes, you are seeing double! Come check out this well priced, rare opportunity to invest in one or two individual duplexes. Excellent location in the heart of Everett/Port Gardner. The lower 2 bed, 1 bath, consists of new flooring, appliances, fixtures, fresh paint, and more! Classic charm throughout. The upper unit 1 bed, 1, bath, has a private deck and water views from the bedroom. Off street parking for both units in the back. This could be the investment/house hack/ value add that you have been looking for! With two units, and prime location, come watch your investment grow!

Additional Information

List Date
2023-02-28 00:00:00
Community
Downtown
Net Operating Income
$28,122
Gross Adjusted Income
$32,775
Gross Scheduled Income
$34,500
Water/Sewer/Garbage Expenses
$1,320
Gross Rent Multiplier
14.46
Total Expenses
$4,653
Cap Rate
5.6
Vacancy Rate
5
Total Number of Units
2
Unit Name
1212
Potential Terms
Cash Out, Conventional
Year Built
1901
Roof
Composition
Energy Source
Electric
School District
Everett
Gross Scheduled Income
$34,500
Vacancy Rate
5
Gross Adjusted Income
$32,775
Tax Year
2022
W/S/G Expenses
$1,320
Total Expenses
$4,653
Net Operating Income
$28,122
Gross Rent Multiplier
14.46
Cap Rate
5.6
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