13411 Meadow Road, Everett, WA 98208
- $850,000
- 2,006
- SqFt
Listing courtesy of Real Property Associates. Selling Office: John L Scott Madrona Group.
- Sold Price
- $850,000
- List Price
- $799,950
- Status
- SOLD
- MLS#
- 2231424
- Closing Date
- May 23, 2024
- Days on Market
- 5
- Style
- 52 - Duplex
- Building Condition
- Very Good
- Finished SqFt
- 2,006
- Area Total SqFt
- 2006
- Annual Tax Ammount
- 4970
- Lot Size (sq ft)
- 13,939
- Sewer
- Sewer Connected
- Offer Review Date
- 2024-05-13
Property Description
Don't miss an opportunity to own a turn-key duplex in an excellent location close to I-5 and just a short drive to Mill Creek, Paine Field, Marth Lake Park, and more. Livable, sought-after 3 bedroom, 1.75 bath units, each featuring a private garage for parking, storage, home gym, or office. Additional off-street parking and a large backyard are available for each unit. The owner, a career builder, built this duplex as a personal investment in 1991 and has maintained it well over the years. Recent updates include new exterior paint in 2020, new hot water tanks in 2017, and new stainless steel appliances in #A in 2020. Both units are vacant and ready to lease up at market rates!
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Additional Information
- List Date
- 2024-05-18 00:00:00
- Community
- Martha Lake
- Net Operating Income
- $54,030
- Gross Adjusted Income
- $62,700
- Gross Scheduled Income
- $66,000
- Total Monthly Income
- $5,500
- Insurance Expenses
- $1,200
- Gross Rent Multiplier
- 12.12
- Total Expenses
- $8,670
- Cap Rate
- 6.7
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 13411
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1991
- Roof
- Composition
- Other Expenses
- 2500
- Energy Source
- Electric
- School District
- Mukilteo
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,500
- Gross Scheduled Income
- $66,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $62,700
- Tax Year
- 2024
- Insurance Expense
- $1,200
- Total Expenses
- $8,670
- Net Operating Income
- $54,030
- Gross Rent Multiplier
- 12.12
- Cap Rate
- 6.7
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.