3815 Wetmore Avenue, Everett, WA 98201

$447,750
1,507
SqFt

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Listing courtesy of Keller Williams Western Realty. Selling Office: New Horizon Realty LLC.

Sold Price
$447,750
List Price
$459,950
Status
SOLD
MLS#
2160298
Closing Date
Sep 29, 2023
Days on Market
3
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
1,507
Area Total SqFt
1507
Annual Tax Ammount
3997
Lot Size (sq ft)
7,841
Sewer
Available, Sewer Connected

Property Description

Everett duplex on large UR3 Zoned lot! 2 bedroom 1 bath main floor unit and 1 bedroom 1 bath upper unit. Favorable zoning allows the opportunity to increase density by adding units. Alley access parking area will allow 4 cars with street parking on Wetmore. Shared laundry in lower covered porch area. Updated plumbing in upper unit. Recent survey recorded. Geotech drilling and sample work started.

Additional Information

List Date
2023-09-26 00:00:00
Community
Everett
Net Operating Income
$21,958
Gross Adjusted Income
$29,355
Gross Scheduled Income
$30,900
Total Monthly Income
$1,575
Insurance Expenses
$700
Water/Sewer/Garbage Expenses
$2,220
Gross Rent Multiplier
14.89
Total Expenses
$7,397
Cap Rate
4.8
Vacancy Rate
5
Total Number of Units
2
Unit Name
3815
Potential Terms
Cash Out, Conventional, Rehab Loan
Year Built
1910
View
Mountain(s), Territorial
Roof
Composition
Site Features
Cable TV
Other Expenses
480
Energy Source
Electric
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Everett High
Total Monthly Income
$1,575
Gross Scheduled Income
$30,900
Vacancy Rate
5
Gross Adjusted Income
$29,355
Tax Year
2023
Insurance Expense
$700
W/S/G Expenses
$2,220
Total Expenses
$7,397
Net Operating Income
$21,958
Gross Rent Multiplier
14.89
Cap Rate
4.8
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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