11717 2nd Drive SE Unit #A & B, Everett, WA 98208

$960,000
2,012
SqFt

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Listing courtesy of Windermere Real Estate/East. Selling Office: RSVP Real Estate ERA Powered.

Sold Price
$960,000
List Price
$960,000
Status
SOLD
MLS#
2234983
Closing Date
Sep 04, 2024
Days on Market
71
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,012
Area Total SqFt
2012
Annual Tax Ammount
5926
Internet Provider
Ziply Fiber
Lot Size (sq ft)
14,375
Sewer
Sewer Connected

Property Description

This duplex is fantastic investment opportunity w/5 bed, 2.5 baths, sits on 14,375 sqft LEVEL LOT, and is Close to Freeways and Shopping! Meticulously maintained w/newer roof & new exterior paint, gutters, siding, windows. New automatic gates w/remote control Unit A has 3 beds, 1.5 baths & Fully Fenced Backyards & 2-car attached garage. Kitchen w/new quartz counter tops, SS appliances. Recently spent close to $70K on Improvements! Unit B has 2 beds & 1 bath. Each unit has in-unit laundry, kitchen, w/dining area, & living room. Massive 704 sqft DETACHED SHOP/GARAGE is perfect for RV/boat parking, storage, hobbies, and mechanics, & plenty off-street parking for 5 cars & boat. Supports Leases as High as $3,200/$2,200. Tenants Pay All Utilities

Additional Information

List Date
2024-06-25 00:00:00
Community
Everett
Net Operating Income
$37,768
Gross Adjusted Income
$44,400
Gross Scheduled Income
$44,400
Total Monthly Income
$3,700
Insurance Expenses
$706
Gross Rent Multiplier
22.27
Total Expenses
$6,632
Cap Rate
4
Total Number of Units
2
Unit Name
11717
Potential Terms
Cash Out, Conventional, FHA
Year Built
1992
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Fully, Gas Available, Outbuildings, Patio, RV Parking, Shop, Sprinkler System
Energy Source
Electric
School District
Mukilteo
Elementary School
Discvy Elem
Middle School
Voyager Mid
High School
Mariner High
Total Monthly Income
$3,700
Gross Scheduled Income
$44,400
Gross Adjusted Income
$44,400
Tax Year
2024
Insurance Expense
$706
Total Expenses
$6,632
Net Operating Income
$37,768
Gross Rent Multiplier
22.27
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.
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