10224 Dakota Way, Everett, WA 98204

$850,000
2,620
SqFt

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Listing courtesy of John L. Scott Everett. Selling Office: COMPASS.

Sold Price
$850,000
List Price
$850,000
Status
SOLD
MLS#
2182049
Closing Date
Feb 05, 2024
Days on Market
12
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
2,620
Area Total SqFt
2620
Annual Tax Ammount
5511
Lot Size (sq ft)
22,651
Sewer
Sewer Connected

Property Description

Opportunity..hard to find 3 bedroom 2 1/2 bath units with double car garages! at the rear of the property. The elderly seller has had minimum maintenance and oversight. Tenants have a new level of clutter. All new appliances..refrigerator, dishwasher, washer, and dryers, garage doors are newly installed plus some interior painting. Value-priced to allow cosmetic touches for carpet, flooring, and painting. Out-of-state sellers will do no repairs. Mukilteo Schools. Great location, just minutes away from Boeing, Paine Field, shopping, and freeway access. Showing and inspection only after signed purchase and sale agreement. See remarks for tenant details.

Additional Information

List Date
2024-01-24 00:00:00
Community
Picnic Point
Net Operating Income
$30,797
Gross Adjusted Income
$41,040
Gross Scheduled Income
$43,200
Total Monthly Income
$43,200
Insurance Expenses
$1,336
Water/Sewer/Garbage Expenses
$1,296
Gross Rent Multiplier
19.7
Total Expenses
$10,243
Cap Rate
3.62
Vacancy Rate
5
Total Number of Units
2
Unit Name
10224
Potential Terms
Cash Out, Conventional, FHA
Year Built
1993
Roof
Composition
Site Features
RV Parking
Electric Expenses
2100
Energy Source
Electric
School District
Mukilteo
Total Monthly Income
$43,200
Gross Scheduled Income
$43,200
Vacancy Rate
5
Gross Adjusted Income
$41,040
Tax Year
2023
Insurance Expense
$1,336
W/S/G Expenses
$1,296
Total Expenses
$10,243
Net Operating Income
$30,797
Gross Rent Multiplier
19.7
Cap Rate
3.62
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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