2411 Pine Street, Everett, WA 98201
- $825,000
- 2,274
- SqFt
Listing courtesy of The Joseph Group.
- List Price
- $825,000
- Status
- ACTIVE
- MLS#
- 2221990
- Days on Market
- 19
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,274
- Area Total SqFt
- 2274
- Annual Tax Ammount
- 4836
- Lot Size (sq ft)
- 6,098
- Sewer
- Sewer Connected
Property Description
Exceptional investment or house-hack opportunity. This unique property features 2 distinct homes. The 3BR, 2bath front house offers 1880 sq ft of updated & open living space. Enjoy the Chef's kitchen, convenient mud room, laundry room & unfinished basement for customization & sweat equity potential. The 2nd house is over 1050 sq ft & features 3 large bedrooms, 1.25 bath, a full kitchen, laundry room, & spacious deck, 1 bay garage & patio perfect for entertaining. Each home offers their own fully fenced yards. Separately meters for water/sewer, garbage, electric will boost your return. Enjoy this prime location w/ excellent potential for growth. Rent both for 4,350+ in monthly return, or reside in one & allow the other to pay your mortgage.
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Additional Information
- List Date
- 2024-04-11 18:44:43
- Community
- Riverside
- Net Operating Income
- $43,319
- Gross Adjusted Income
- $50,630
- Gross Scheduled Income
- $52,200
- Total Monthly Income
- $4,350
- Insurance Expenses
- $2,200
- Gross Rent Multiplier
- 15.8
- Total Expenses
- $7,310
- Cap Rate
- 5.3
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 2411
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1905
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully, Patio
- Electric Expenses
- 274
- Energy Source
- Electric
- School District
- Everett
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,350
- Gross Scheduled Income
- $52,200
- Vacancy Rate
- 3
- Gross Adjusted Income
- $50,630
- Tax Year
- 2023
- Insurance Expense
- $2,200
- Total Expenses
- $7,310
- Net Operating Income
- $43,319
- Gross Rent Multiplier
- 15.8
- Cap Rate
- 5.3
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