10509 Holly Drive, Everett, WA 98204

$855,000
2,444
SqFt

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Listing courtesy of John L. Scott Mill Creek. Selling Office: Skyline Properties, Inc..

Sold Price
$855,000
List Price
$849,950
Status
SOLD
MLS#
2268714
Closing Date
Sep 06, 2024
Days on Market
8
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,444
Area Total SqFt
2444
Annual Tax Ammount
4030
Internet Provider
Comcast/Xfinity
Lot Size (sq ft)
10,454
Sewer
Sewer Connected

Property Description

First time on the market in over 30 years! Great investment opportunity in this well-maintained duplex located in the Paine Field area of South Everett. This property has provided consistent low vacancy with long-term tenants, 25 plus years in both units. This property features ample parking with two individual garages and five+ uncovered spaces and has been recently updated with new exterior paint, landscaping, fencing, gravel parking and newer roof and gutters. This duplex is ready for your creativity to update and refresh the interior. Convenient location that is close to public transit, freeway entrances, shopping, schools, downtown Everett along with the new Amazon fulfillment center, Mukilteo and Boeing. Long term owner is retiring.

Additional Information

List Date
2024-08-29 00:00:00
Community
Paine Field
Net Operating Income
$12,481
Gross Adjusted Income
$23,400
Gross Scheduled Income
$23,400
Total Monthly Income
$1,950
Insurance Expenses
$1,521
Water/Sewer/Garbage Expenses
$5,368
Gross Rent Multiplier
36
Total Expenses
$10,919
Cap Rate
2
Total Number of Units
2
Unit Name
10509
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1988
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, High Speed Internet, Patio
Energy Source
Electric
School District
Mukilteo
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1,950
Gross Scheduled Income
$23,400
Gross Adjusted Income
$23,400
Tax Year
2024
Insurance Expense
$1,521
W/S/G Expenses
$5,368
Total Expenses
$10,919
Net Operating Income
$12,481
Gross Rent Multiplier
36
Cap Rate
2
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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