1214 Pacific Avenue, Everett, WA 98201

$528,000
1,549
SqFt

Listing courtesy of Home Realty. Selling Office: Windermere Real Estate/CIR.

Sold Price
$528,000
List Price
$499,000
Status
SOLD
MLS#
2030616
Closing Date
Mar 08, 2023
Days on Market
6
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,549
Area Total SqFt
1549
Annual Tax Ammount
3098
Lot Size (sq ft)
3,920
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 unit is a 2 bed, 1 bath. The upper unit is a 1 bedroom plus den, 1 bath and features a newly renovated kitchen. Both units are fully occupied. Off street parking for both units in the back. This could be the investment/ value add that you have been looking for! With two units, and prime location, come watch your investment grow!

Additional Information

List Date
2023-03-02 00:00:00
Community
Downtown
Net Operating Income
$28,357
Gross Adjusted Income
$32,775
Gross Scheduled Income
$34,500
Total Monthly Income
$2,875
Water/Sewer/Garbage Expenses
$1,320
Gross Rent Multiplier
14.46
Total Expenses
$4,418
Cap Rate
5.6
Vacancy Rate
5
Total Number of Units
2
Unit Name
1214
Potential Terms
Cash Out, Conventional
Year Built
1901
Roof
Composition
Energy Source
Electric
School District
Everett
Total Monthly Income
$2,875
Gross Scheduled Income
$34,500
Vacancy Rate
5
Gross Adjusted Income
$32,775
Tax Year
2022
W/S/G Expenses
$1,320
Total Expenses
$4,418
Net Operating Income
$28,357
Gross Rent Multiplier
14.46
Cap Rate
5.6
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