6009 W Magnolia Avenue Unit #A & B, Everett, WA 98203

$630,000
1,728
SqFt

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Listing courtesy of RE/MAX Elite. Selling Office: Keller Williams Downtown Sea.

Sold Price
$630,000
List Price
$560,000
Status
SOLD
MLS#
2182868
Closing Date
Dec 27, 2023
Days on Market
3
Style
52 - Duplex
Finished SqFt
1,728
Area Total SqFt
1728
Annual Tax Ammount
4866
Internet Provider
XFINITY
Lot Size (sq ft)
6,098
Sewer
Sewer Connected
Offer Review Date
2023-12-03

Property Description

Welcome to your new home or investment! A side-by-side duplex with 2 beds, 1 bath, & 864 sqft per unit. Unit A is vacant, ready for your touch or a new tenant! Enjoy in-unit laundry, fully fenced yards, secure storage, and carport for each unit. Close to Hannabrook Park & Phil Johnson ball fields for outdoor fun with dining & entertainment within a 10-min drive. The occupied side rents below market value on a month-to-month lease. Nestled at a serene dead-end street's end, this property offers peaceful living. Feel confident with hot water heaters under 5 years old & a roof under 3 years old. This duplex is your gateway to financial freedom – a comfortable home or savvy investment. Act now to tour and make it part of your future!

Additional Information

List Date
2023-12-24 00:00:00
Community
Everett
Net Operating Income
$24,714
Gross Adjusted Income
$35,340
Gross Scheduled Income
$37,200
Total Monthly Income
$720
Insurance Expenses
$700
Water/Sewer/Garbage Expenses
$2,460
Gross Rent Multiplier
15.05
Total Expenses
$10,626
Cap Rate
4.41
Vacancy Rate
5
Total Number of Units
2
Unit Name
6009
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1979
Roof
Composition
Site Features
Fenced-Fully, Fenced-Partially, High Speed Internet
Other Expenses
2600
Energy Source
Electric
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$720
Gross Scheduled Income
$37,200
Vacancy Rate
5
Gross Adjusted Income
$35,340
Tax Year
2023
Insurance Expense
$700
W/S/G Expenses
$2,460
Total Expenses
$10,626
Net Operating Income
$24,714
Gross Rent Multiplier
15.05
Cap Rate
4.41
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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