318 Bedrock Drive, Everett, WA 98203

$599,800
1,932
SqFt

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Listing courtesy of TEC Real Estate Inc.. Selling Office: Skyline Properties, Inc..

Sold Price
$599,800
List Price
$599,800
Status
SOLD
MLS#
2263391
Closing Date
Aug 14, 2024
Days on Market
12
Style
52 - Duplex
Finished SqFt
1,932
Area Total SqFt
1932
Annual Tax Ammount
4612
Lot Size (sq ft)
7,405
Sewer
Sewer Connected

Property Description

Great performing cashflow opportunity! Beautiful side-by-side rambler style duplex with new roof in a fantastic location on a corner lot with views! The first unit is 3 beds 1 bath, & the corner unit is 2 beds 1 bath. Property & surrounding area generates fantastic rents with high occupancy rates. Always in demand! Both units have covered carports with additional storage, and backyards. Both kitchens have white quartz countertops. This style of duplex is ideal because the driveway locations & entrances / exits make it feel like 2 separate small homes on the same lot, a highly sought after design by tenants.

Additional Information

List Date
2024-08-02 00:00:00
Community
Everett
Net Operating Income
$40,172
Gross Adjusted Income
$46,800
Gross Scheduled Income
$46,800
Total Monthly Income
$3,900
Insurance Expenses
$816
Gross Rent Multiplier
12.8
Total Expenses
$6,628
Cap Rate
6.7
Vacancy Rate
5
Total Number of Units
2
Unit Name
318
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1969
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
Other Expenses
1200
Energy Source
Electric
School District
Everett
Elementary School
Madison Elem
Middle School
Evergreen Mid
High School
Everett High
Total Monthly Income
$3,900
Gross Scheduled Income
$46,800
Vacancy Rate
5
Gross Adjusted Income
$46,800
Tax Year
2024
Insurance Expense
$816
Total Expenses
$6,628
Net Operating Income
$40,172
Gross Rent Multiplier
12.8
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.
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