2122 Grand Avenue Unit #1 & 2, Everett, WA 98201

$743,000
2,158
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of RE/MAX Elite. Selling Office: Windermere RE North, Inc..

Sold Price
$743,000
List Price
$685,000
Status
SOLD
MLS#
2274361
Closing Date
Aug 23, 2024
Days on Market
2
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,158
Area Total SqFt
2158
Annual Tax Ammount
4872
Lot Size (sq ft)
2,614
Sewer
Sewer Connected

Property Description

Beautifully renovated duplex in the charming Historic District. This property features two units: a 2 bed/2 bath unit upstairs and a 2 bed/1 bath unit downstairs. Sweeping Puget Sound views from every level. The upstairs unit has been recently updated with new carpet, a new roof, fresh paint, and a modern bathroom. Totally turnkey and could rent for $2,200. The large kitchen has a breakfast nook, and the private balcony offers unobstructed sound views. The downstairs unit, with its separate alleyway entrance, is currently rented for $1,800/month. Built for waterfront woodworkers in the early 1900s, this duplex blends historic charm with modern updates. Don’t miss this chance to own a piece of Everett’s history. PRE- INSPECTED.

Additional Information

List Date
2024-08-21 00:00:00
Community
Historic N Everett
Net Operating Income
$37,206
Gross Adjusted Income
$45,600
Gross Scheduled Income
$48,000
Insurance Expenses
$1,300
Water/Sewer/Garbage Expenses
$2,220
Gross Rent Multiplier
14.27
Total Expenses
$8,392
Cap Rate
5.43
Vacancy Rate
5
Total Number of Units
2
Unit Name
2122
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1901
View
Ocean, Sound
Roof
Composition
Site Features
Deck
Energy Source
Electric, Natural Gas
School District
Everett
Gross Scheduled Income
$48,000
Vacancy Rate
5
Gross Adjusted Income
$45,600
Tax Year
2024
Insurance Expense
$1,300
W/S/G Expenses
$2,220
Total Expenses
$8,392
Net Operating Income
$37,206
Gross Rent Multiplier
14.27
Cap Rate
5.43
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks