1705 Lombard Avenue, Everett, WA 98201
- $773,196
- 2,350
- SqFt
Listing courtesy of 5 Corners Realty LLC. Selling Office: Windermere Real Estate JS.
- Sold Price
- $773,196
- List Price
- $825,000
- Status
- SOLD
- MLS#
- 2235781
- Closing Date
- Aug 13, 2024
- Days on Market
- 50
- Style
- 54 - 4-Plex
- Finished SqFt
- 2,350
- Area Total SqFt
- 2350
- Annual Tax Ammount
- 3000
- Lot Size (sq ft)
- 6,098
- Sewer
- Sewer Connected
Property Description
Great investment opportunity just for you in desirable historic location of Everett. Close to all amenities. Many possibilities! Live in one unit and Rent out the others or have Continuous Cash Flow & Equity! 1705 and 1705.5 are in the main house and both remodeled and have double pane windows. However one is currently vacant and need a lot of love. 1707 is the Yellow MIL Cottage and is remodel and occupied. 1707.5 is the grey MIL cottage. Three units are occupied with long term leases. Washer and Dryer hook-ups. All kitchen appliances stay in units.
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Additional Information
- List Date
- 2024-06-24 00:00:00
- Community
- Everett
- Net Operating Income
- $41,700
- Gross Adjusted Income
- $45,900
- Gross Scheduled Income
- $65,100
- Total Monthly Income
- $5,605
- Insurance Expenses
- $1,200
- Gross Rent Multiplier
- 7.5
- Total Expenses
- $4,200
- Cap Rate
- 5.1
- Vacancy Rate
- 25
- Total Number of Units
- 4
- Unit Name
- 1705
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1910
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially
- Energy Source
- Electric
- School District
- Everett
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $5,605
- Gross Scheduled Income
- $65,100
- Vacancy Rate
- 25
- Gross Adjusted Income
- $45,900
- Tax Year
- 2021
- Insurance Expense
- $1,200
- Total Expenses
- $4,200
- Net Operating Income
- $41,700
- Gross Rent Multiplier
- 7.5
- Cap Rate
- 5.1
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.