7801 Timber Hill Drive, Everett, WA 98203

$1,075,000
3,837
SqFt

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Listing courtesy of The Preview Group. Selling Office: RE/MAX Northwest.

Sold Price
$1,075,000
List Price
$995,000
Status
SOLD
MLS#
2142542
Closing Date
Sep 08, 2023
Days on Market
8
Style
54 - 4-Plex
Finished SqFt
3,837
Area Total SqFt
3837
Annual Tax Ammount
6575
Lot Size (sq ft)
11,761
Sewer
Sewer Connected
Offer Review Date
2023-08-08

Property Description

Presenting an elegant 4-plex in the tranquil Valley View neighborhood. It offers two rambler units and two townhouse units, each with spacious kitchen, dining area, and living room. Two large bedrooms and a full bathroom provide ample comfort. Units A and D conveniently share a laundry room on-site, while Units B and C enjoy the convenience of their own private laundry facilities. Carport for four cars, additional off-street parking, and shared laundry room on-site. New roof in 2020. Close to downtown Everett, Everett Mall, parks, and restaurants. Easy access to Broadway and I-5. A perfect blend of charm, convenience, and modern upgrades. Don't miss this captivating opportunity!

Additional Information

List Date
2023-08-31 00:00:00
Community
Valley View
Net Operating Income
$65,263
Gross Adjusted Income
$81,457
Gross Scheduled Income
$83,976
Total Monthly Income
$6,998
Insurance Expenses
$1,527
Water/Sewer/Garbage Expenses
$4,507
Gross Rent Multiplier
11.85
Total Expenses
$16,194
Cap Rate
6.6
Vacancy Rate
3
Total Number of Units
4
Unit Name
7801
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1969
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet, Outbuildings
Electric Expenses
931
Other Expenses
2654
Energy Source
Electric
School District
Everett
Total Monthly Income
$6,998
Gross Scheduled Income
$83,976
Vacancy Rate
3
Gross Adjusted Income
$81,457
Tax Year
2023
Insurance Expense
$1,527
W/S/G Expenses
$4,507
Total Expenses
$16,194
Net Operating Income
$65,263
Gross Rent Multiplier
11.85
Cap Rate
6.6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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