17 Fern Road, Everett, WA 98203

$675,000
2,014
SqFt

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Listing courtesy of The Preview Group. Selling Office: COMPASS.

Sold Price
$675,000
List Price
$599,000
Status
SOLD
MLS#
2299116
Closing Date
Oct 25, 2024
Days on Market
2
Style
52 - Duplex
Building Condition
Average
Finished SqFt
2,014
Area Total SqFt
2014
Annual Tax Ammount
4843
Lot Size (sq ft)
8,712
Sewer
Sewer Connected
Offer Review Date
2024-10-09

Property Description

{EXCELLENT INVESTMENT OPPORTUNITY AND LOCATION} This rambler style duplex is situated on a large level lot and quiet dead end street. Each unit features living room, 3 bedrooms, full bath, kitchen and laundry hook-ups plus there’s a spacious backyard & lots of parking. Vacant unit (left side) is ready to rent and has new laminate floors, carpet & paint. Both units have updated electrical service panels. Roof replaced in 2017. The detached garage on the property is not used by tenant(s) and offers added potential and possibilities! Rentals in this area always in high demand! Close to Boeing, Paine Field, shopping and more! Pre-inspection available, link uploaded in supplements. Sold as-is.

Additional Information

List Date
2024-10-23 00:00:00
Community
Madison
Net Operating Income
$22,967
Gross Adjusted Income
$30,600
Gross Scheduled Income
$3,060
Total Monthly Income
$2,550
Insurance Expenses
$1,010
Water/Sewer/Garbage Expenses
$2,580
Gross Rent Multiplier
16.67
Total Expenses
$8,433
Cap Rate
3.8
Total Number of Units
2
Unit Name
17
Potential Terms
Cash Out, Conventional
Year Built
1969
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet
Energy Source
Electric
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,550
Gross Scheduled Income
$3,060
Gross Adjusted Income
$30,600
Tax Year
2023
Insurance Expense
$1,010
W/S/G Expenses
$2,580
Total Expenses
$8,433
Net Operating Income
$22,967
Gross Rent Multiplier
16.67
Cap Rate
3.8
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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