913 Peters Place, Everett, WA 98208

$830,000
2,775
SqFt

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Listing courtesy of Agile Property Management LLC. Selling Office: eXp Realty.

Sold Price
$830,000
List Price
$849,950
Status
SOLD
MLS#
2178261
Closing Date
Mar 15, 2024
Days on Market
68
Style
53 - Tri-plex
Finished SqFt
2,775
Area Total SqFt
2775
Annual Tax Ammount
3855
Lot Size (sq ft)
16,988
Sewer
Sewer Connected

Property Description

Great rental income triplex. 6.6 CAP rate. (Actual rents) PARKING! Cars - Motorhomes - UR3 Zoning in S Snohomish County. Up to 4 floors. Buy and hold or develop. Townhomes? A 10 Unit on the back of the property or demo the existing structure and build up to 22 units or a 24 unit senior citizen building. The property is adjacent to Silver Shores MHP and could be a transition for residents needing additional care while staying close to loved ones. Also a great property to hold and 'land bank.' Buyer to verify all provided information. NO INTERIOR WALK THRU WITHOUT A SIGNED AROUND P&S AGREEMENT. NO SIGN, BE DISCREET. TENANTS ARE UNAWARE OF THE SALE. HUGE PRICE DROP. Remember the light rail is coming. Make an offer!

Additional Information

List Date
2024-01-07 00:00:00
Community
Silver Lake
Net Operating Income
$51,840
Gross Adjusted Income
$56,100
Gross Scheduled Income
$56,100
Total Monthly Income
$4,675
Insurance Expenses
$2,500
Water/Sewer/Garbage Expenses
$3,697
Gross Rent Multiplier
15.15
Total Expenses
$15,125
Cap Rate
6.6
Total Number of Units
3
Unit Name
913
Potential Terms
Cash Out, Conventional
Year Built
1959
Roof
Composition
Other Expenses
5073
Energy Source
Electric
School District
Everett
Total Monthly Income
$4,675
Gross Scheduled Income
$56,100
Gross Adjusted Income
$56,100
Tax Year
2023
Insurance Expense
$2,500
W/S/G Expenses
$3,697
Total Expenses
$15,125
Net Operating Income
$51,840
Gross Rent Multiplier
15.15
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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