3429 Wetmore Avenue, Everett, WA 98201
- $1,955,000
Listing courtesy of North Pacific Properties. Selling Office: COMPASS.
- Sold Price
- $1,955,000
- List Price
- $2,200,000
- Status
- SOLD
- MLS#
- 2211593
- Closing Date
- May 24, 2024
- Days on Market
- 11
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Annual Tax Ammount
- 16179.98
- Lot Size (sq ft)
- 9,148
- Sewer
- Sewer Connected
Property Description
This fully leased property features six townhouse-style units, constructed in 2007, each boasting 2 bedrooms, 2.5 baths, and 9-foot ceilings for an airy, spacious feel. The open-plan kitchens are equipped with stainless steel appliances, complemented by fireplaces, private decks, and in-unit washer/dryers. Abundant natural light, expansive garages, and additional storage enhance each unit's appeal. Select units offer scenic mountain and territorial views. Its prime location near shops, restaurants, Providence Hospital, parks, and direct access to I-5 underscores its desirability, making it a lucrative investment with a history of low vacancy rates.
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Additional Information
- List Date
- 2024-05-13 00:00:00
- Community
- Everett
- Net Operating Income
- $88,605
- Gross Adjusted Income
- $115,140
- Gross Scheduled Income
- $121,200
- Total Monthly Income
- $10,100
- Insurance Expenses
- $1,389
- Water/Sewer/Garbage Expenses
- $8,965
- Gross Rent Multiplier
- 5
- Total Expenses
- $26,534
- Cap Rate
- 4
- Vacancy Rate
- 5
- Total Number of Units
- 6
- Unit Name
- 3429
- Potential Terms
- Cash Out, Conventional
- Year Built
- 2007
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Everett
- Total Monthly Income
- $10,100
- Gross Scheduled Income
- $121,200
- Vacancy Rate
- 5
- Gross Adjusted Income
- $115,140
- Tax Year
- 2024
- Insurance Expense
- $1,389
- W/S/G Expenses
- $8,965
- Total Expenses
- $26,534
- Net Operating Income
- $88,605
- Gross Rent Multiplier
- 5
- Cap Rate
- 4
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.