2431 Pine Street, Everett, WA 98201

$570,000
1,976
SqFt

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Listing courtesy of HomeSmart Real Estate Assoc. Selling Office: KW Everett.

Sold Price
$570,000
List Price
$599,000
Status
SOLD
MLS#
2157997
Closing Date
Oct 23, 2023
Days on Market
18
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,976
Area Total SqFt
1976
Annual Tax Ammount
4993
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

Great income-producing legal duplex near downtown Everett close to I-5 and amenities. Nice big corner lot with off street parking. This has always been constantly rented with long-term tenants. Provides great cash flow with the extra buildable lot in back per city (2 more units possible!). Unit 1 has new carpeting thru-out with newer laminate flooring, newer gas furnace, 2Bed/1Bath. Unit 2 (upstairs) is 1Bed/1Bath, with bonus room, elec heat. Both units have new entry doors & all working appliances with w W/D shared in huge 1000+sf basement that has lots of storage. This duplex is a unique and a solid investment or could be owner occupied while renting out the top unit and adding 2 more units on the back lot. Super opportunity!

Additional Information

List Date
2023-10-05 00:00:00
Community
Riverside
Net Operating Income
$29,076
Gross Adjusted Income
$29,076
Gross Scheduled Income
$41,100
Total Monthly Income
$3,425
Insurance Expenses
$1,101
Water/Sewer/Garbage Expenses
$4,934
Total Expenses
$11,953
Total Number of Units
2
Unit Name
2431
Potential Terms
Cash Out, Conventional
Year Built
1910
Roof
Composition
Site Features
Deck, Fenced-Partially, Gas Available, High Speed Internet
Other Expenses
925
Energy Source
Electric, Natural Gas, Wood
School District
Everett
Elementary School
Garfield Elem
Middle School
North Mid
High School
Everett High
Total Monthly Income
$3,425
Gross Scheduled Income
$41,100
Gross Adjusted Income
$29,076
Tax Year
2023
Insurance Expense
$1,101
W/S/G Expenses
$4,934
Total Expenses
$11,953
Net Operating Income
$29,076
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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