1902 Rockefeller Avenue, Everett, WA 98201
- $701,000
- 2,400
- SqFt
Listing courtesy of Best Choice Realty. Selling Office: John L. Scott, Inc..
- Sold Price
- $701,000
- List Price
- $695,000
- Status
- SOLD
- MLS#
- 2192795
- Closing Date
- Mar 18, 2024
- Days on Market
- 4
- Style
- 53 - Tri-plex
- Building Condition
- Average
- Finished SqFt
- 2,400
- Area Total SqFt
- 2400
- Annual Tax Ammount
- 3302
- Lot Size (sq ft)
- 3,485
- Sewer
- Sewer Connected
- Offer Review Date
- 2024-02-12
Property Description
7.28% cap rate! Ideal downtown Everett location just blocks from Grand Ave Park and the new pedestrian bridge to the waterfront. Two 2 bd/1 ba 1,000 sq ft units and a 400 sq ft studio with loft and carport. Separate laundry room shared by all three units. Unit A fully remodeled in '20, Units B and C partially remodeled in '23. New roof and siding in '18, sewer line in '21. Close to the Naval base, downtown Everett, and Boeing. Zero vacancy rate for the past 10+ years. All units rented with long term leases, current rents total $4,820/mo. A solid investment with great cash flow.
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Additional Information
- List Date
- 2024-03-14 00:00:00
- Community
- Everett
- Net Operating Income
- $50,623
- Gross Adjusted Income
- $57,840
- Gross Scheduled Income
- $57,840
- Total Monthly Income
- $4,820
- Insurance Expenses
- $1,371
- Water/Sewer/Garbage Expenses
- $2,544
- Gross Rent Multiplier
- 12.02
- Total Expenses
- $7,217
- Cap Rate
- 7.28
- Total Number of Units
- 3
- Unit Name
- 1902
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1937
- Roof
- Composition, Flat
- Site Features
- Cable TV, High Speed Internet, 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
- $4,820
- Gross Scheduled Income
- $57,840
- Gross Adjusted Income
- $57,840
- Tax Year
- 2023
- Insurance Expense
- $1,371
- W/S/G Expenses
- $2,544
- Total Expenses
- $7,217
- Net Operating Income
- $50,623
- Gross Rent Multiplier
- 12.02
- Cap Rate
- 7.28
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.