7809 Timber Hill Drive, Everett, WA 98203
- $1,499,000
- 3,837
- SqFt
Listing courtesy of Real Broker LLC.
- List Price
- $1,499,000
- Status
- ACTIVE
- MLS#
- 2201884
- Days on Market
- 93
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,837
- Area Total SqFt
- 3837
- Annual Tax Ammount
- 7151
- Lot Size (sq ft)
- 13,068
- Sewer
- Sewer Connected
Property Description
Presenting an elegant 4-plex in the tranquil Valley View neighborhood. A lucrative, easily managed investment that has been fully renovated in 2019. Each unit has 2 bedrooms and 1 bath. With zero vacancies and competitive rental rates. All units are currently leased, staggered throughout 2024. Two units are designed in a townhome style with attached 2-car garages, while the other two units follow a rambler layout with parking space for 2 cars each. Guardian meters are in place, ensuring that tenants cover all utility expenses. Situated in a tranquil neighborhood, the property is conveniently close to various grocery stores, restaurants, and public transportation options.
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Additional Information
- List Date
- 2024-02-03 00:13:10
- Community
- Valley View
- Net Operating Income
- $93,052
- Gross Adjusted Income
- $107,400
- Gross Scheduled Income
- $107,400
- Total Monthly Income
- $8,950
- Insurance Expenses
- $1,000
- Water/Sewer/Garbage Expenses
- $4,803
- Gross Rent Multiplier
- 14
- Total Expenses
- $14,515
- Cap Rate
- 6.2
- Total Number of Units
- 4
- Unit Name
- 7809
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1969
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, High Speed Internet
- Electric Expenses
- 256
- Other Expenses
- 1305
- Energy Source
- Electric
- School District
- Everett
- Elementary School
- Emerson Elem
- Middle School
- Evergreen Mid
- High School
- Buyer To Verify
- Total Monthly Income
- $8,950
- Gross Scheduled Income
- $107,400
- Gross Adjusted Income
- $107,400
- Tax Year
- 2023
- Insurance Expense
- $1,000
- W/S/G Expenses
- $4,803
- Total Expenses
- $14,515
- Net Operating Income
- $93,052
- Gross Rent Multiplier
- 14
- Cap Rate
- 6.2
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