822 52nd Street SE, Everett, WA 98203

$915,051
3,128
SqFt

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Listing courtesy of Windermere R.E. Shoreline. Selling Office: John L. Scott Everett.

Sold Price
$915,051
List Price
$850,000
Status
SOLD
MLS#
2273602
Closing Date
Aug 23, 2024
Days on Market
2
Style
52 - Duplex
Building Condition
Good
Finished SqFt
3,128
Area Total SqFt
3128
Annual Tax Ammount
7023
Lot Size (sq ft)
7,841
Sewer
Sewer Connected
Offer Review Date
2024-08-05

Property Description

Desirable side by side townhouse style duplex! Light & bright units with large south-facing backyards. Generous floor plans include large primary suites and huge walk-in closets, open living and dining areas and huge kitchens with attached garages and deep driveways for additional off-street parking. Pre-inspected and updated maintenance including new roof, reconditioned crawlspace in Unit B, new paint and carpet in Unit A, and much more. Unit A is vacant and turnkey ready. Unit B is month to month. All appliances included. Conveniently located near Boeing, Paine Field, Downtown Everett & I-5. Great potential for owner occupancy, investment, or short-term rentals. Great investment opportunity w/projected rental income yielding a 6.23% cap!

Additional Information

List Date
2024-08-21 00:00:00
Community
South Everett
Net Operating Income
$53,284
Gross Adjusted Income
$62,700
Gross Scheduled Income
$66,000
Total Monthly Income
$5,500
Insurance Expenses
$1,122
Water/Sewer/Garbage Expenses
$3,747
Gross Rent Multiplier
12.88
Total Expenses
$12,716
Cap Rate
6.23
Vacancy Rate
5
Total Number of Units
2
Unit Name
822
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
2007
Roof
Composition
Site Features
Deck, Fenced-Partially, Gas Available
Other Expenses
824
Energy Source
Natural Gas
School District
Everett
Elementary School
View Ridge Elem
Middle School
Evergreen Mid
High School
Everett High
Total Monthly Income
$5,500
Gross Scheduled Income
$66,000
Vacancy Rate
5
Gross Adjusted Income
$62,700
Tax Year
2023
Insurance Expense
$1,122
W/S/G Expenses
$3,747
Total Expenses
$12,716
Net Operating Income
$53,284
Gross Rent Multiplier
12.88
Cap Rate
6.23
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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