1016 Woodlawn Avenue, Everett, WA 98203
- $550,000
- 1,326
- SqFt
Listing courtesy of Magnify Realty. Selling Office: KW North Sound.
- Sold Price
- $550,000
- List Price
- $525,000
- Status
- SOLD
- MLS#
- 2183446
- Closing Date
- Jan 17, 2024
- Days on Market
- 3
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 1,326
- Area Total SqFt
- 1326
- Annual Tax Ammount
- 3664
- Lot Size (sq ft)
- 6,970
- Sewer
- Sewer Connected
- Offer Review Date
- 2023-12-16
Property Description
A chance to own an incredible duplex in Everett! This property sits on a double lot with a long-term renter in one unit and another unit that is fully updated and vacant. Upgrades include a newer roof, all new kitchen and appliances, updated waterproof flooring, interior paint & hardware. Additional improvements include newer electrical on back unit, siding and insulation including attic insulation for tremendous energy savings. Very well lit units with newer windows and bright open floor plan. Two beds/1 bath each with unit B allowing for extra outlets and ports. There are many options for a first-time investor to live in one unit and rent out the other or for a seasoned investor to add this incredible asset to their existing portfolio!
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Additional Information
- List Date
- 2024-01-14 00:00:00
- Community
- Forest Park
- Net Operating Income
- $9,782
- Gross Adjusted Income
- $17,093
- Gross Scheduled Income
- $17,094
- Total Monthly Income
- $1,040
- Insurance Expenses
- $1,481
- Water/Sewer/Garbage Expenses
- $2,164
- Gross Rent Multiplier
- 30.7
- Total Expenses
- $7,309
- Cap Rate
- 1.8
- Total Number of Units
- 2
- Unit Name
- 1016
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1941
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Gas Available, High Speed Internet
- Energy Source
- Electric, Natural Gas
- School District
- Everett
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $1,040
- Gross Scheduled Income
- $17,094
- Gross Adjusted Income
- $17,093
- Tax Year
- 2023
- Insurance Expense
- $1,481
- W/S/G Expenses
- $2,164
- Total Expenses
- $7,309
- Net Operating Income
- $9,782
- Gross Rent Multiplier
- 30.7
- Cap Rate
- 1.8
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.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.