2029 Walnut Street, Everett, WA 98201
- $780,000
- 2,700
- SqFt
Listing courtesy of Windermere RE Arlington. Selling Office: Windermere Real Estate GH LLC.
- Sold Price
- $780,000
- List Price
- $795,000
- Status
- SOLD
- MLS#
- 2210724
- Closing Date
- May 17, 2024
- Days on Market
- 7
- Style
- 54 - 4-Plex
- Building Condition
- Remodeled
- Finished SqFt
- 2,700
- Area Total SqFt
- 2700
- Annual Tax Ammount
- 5357
- Lot Size (sq ft)
- 6,098
- Sewer
- Sewer Connected
Property Description
Investor Alert! Mixed use 4-plex with 3 residential units and approved commercial space. Updated plumbing, electrical, siding, windows, and exterior paint. All three living spaces have been elegantly remodeled with high attention to detail. The upper units have whitewashed pine walls and ceilings, quartz counters, and subway tile showers. The downstairs unit has a built in hutch, granite counters, and access to the nice sized yard. All living units are currently rented, have their own washer and dryers, and currently provide a stable cash flow. The commercial space is a blank canvas for someone’s creative vision. It has a a large open area, separate kitchen space, a full bathroom, and both exterior/basement storage.
/u.realgeeks.media/360degreesrealestate/header.png)
Additional Information
- List Date
- 2024-05-10 00:00:00
- Community
- North Everett
- Net Operating Income
- $37,240
- Gross Adjusted Income
- $45,512
- Gross Scheduled Income
- $46,920
- Total Monthly Income
- $4,415
- Insurance Expenses
- $1,200
- Water/Sewer/Garbage Expenses
- $1,800
- Gross Rent Multiplier
- 16
- Total Expenses
- $9,857
- Cap Rate
- 4.96
- Vacancy Rate
- 3
- Total Number of Units
- 4
- Unit Name
- 2029
- Potential Terms
- Conventional
- Year Built
- 1907
- View
- Territorial
- Roof
- Composition, Torch Down
- Site Features
- High Speed Internet
- Electric Expenses
- 1500
- Energy Source
- Electric
- School District
- Everett
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,415
- Gross Scheduled Income
- $46,920
- Vacancy Rate
- 3
- Gross Adjusted Income
- $45,512
- Tax Year
- 2023
- Insurance Expense
- $1,200
- W/S/G Expenses
- $1,800
- Total Expenses
- $9,857
- Net Operating Income
- $37,240
- Gross Rent Multiplier
- 16
- Cap Rate
- 4.96
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.