1729 Madison Street, Everett, WA 98203
- $1,100,000
- 3,920
- SqFt
Listing courtesy of Skyline Properties, Inc.. Selling Office: Windermere Real Estate M2 LLC.
- Sold Price
- $1,100,000
- List Price
- $1,150,000
- Status
- SOLD
- MLS#
- 2191173
- Closing Date
- Feb 29, 2024
- Days on Market
- 12
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,920
- Area Total SqFt
- 3920
- Annual Tax Ammount
- 7019
- Lot Size (sq ft)
- 7,841
- Sewer
- Sewer Connected
Property Description
Well maintained Everett 4plex---built 1981---Townhouse style units are 2 bedroom 1.5 baths, washer/dryer hookups, storage unit, 980 sq ft each. Some updating and recent improvements. Roof in good condition, updated windows and water heaters, fantastic location near shopping and bus-line. Long term tenants on month to month rent. Rents need to be adjusted. Market rents in area are currently $1,900 per unit. Excellent first time investment property. Low maintenance landscaping and easy to manage.
/u.realgeeks.media/360degreesrealestate/header.png)
Additional Information
- List Date
- 2024-02-17 00:00:00
- Community
- Pinehurst
- Net Operating Income
- $91,200
- Gross Adjusted Income
- $91,200
- Gross Scheduled Income
- $91,200
- Total Monthly Income
- $7,600
- Insurance Expenses
- $1,373
- Water/Sewer/Garbage Expenses
- $6,810
- Gross Rent Multiplier
- 12
- Total Expenses
- $15,202
- Cap Rate
- 6
- Total Number of Units
- 4
- Unit Name
- 1729
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1981
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, Patio
- Energy Source
- Electric
- School District
- Everett
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $7,600
- Gross Scheduled Income
- $91,200
- Gross Adjusted Income
- $91,200
- Tax Year
- 2023
- Insurance Expense
- $1,373
- W/S/G Expenses
- $6,810
- Total Expenses
- $15,202
- Net Operating Income
- $91,200
- Gross Rent Multiplier
- 12
- Cap Rate
- 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.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.