11517 Meridian Avenue S Unit #AB, Everett, WA 98208

$1,150,000
3,556
SqFt

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Listing courtesy of Coldwell Banker Danforth. Selling Office: Fathom Realty WA LLC.

Sold Price
$1,150,000
List Price
$1,150,000
Status
SOLD
MLS#
2311426
Closing Date
Jan 06, 2025
Days on Market
2
Style
52 - Duplex
Building Condition
Restored
Finished SqFt
3,556
Area Total SqFt
3556
Annual Tax Ammount
6638
Internet Provider
Buyer to verify
Lot Size (sq ft)
12,197
Sewer
Sewer Connected

Property Description

Gorgeous like-new construction professional full renovation from studs out due to 2023 fire insurance claim completed 12/2024. Incredible opportunity! Expert interior design and elements. Perfect Duplex Rental, or live on one side and rent the other. Two identical sides each showcasing 1750 sf, 3 spacious BRs, 2.5 Bths, 2 car garages, private decks, grass yards. Total building is 3556 sf on large beautifully landscaped corner lot. Too many quality features & upgrades to mention: All new wiring, plumbing, drywall, flooring, carpet, doors & hardware, lighting, roof & gutters, garage doors, composite decks + glass rails, cabinets, quartz countertops throughout, quartz tub surrounds on all showers, Whirlpool stainless appliance packages + more!

Additional Information

List Date
2025-01-04 00:00:00
Community
Mariner
Net Operating Income
$54,248
Gross Adjusted Income
$64,800
Gross Scheduled Income
$64,800
Total Monthly Income
$5,400
Insurance Expenses
$1,084
Water/Sewer/Garbage Expenses
$2,830
Gross Rent Multiplier
17.75
Total Expenses
$10,552
Cap Rate
4.7
Total Number of Units
2
Unit Name
11517
Potential Terms
Cash Out, Conventional
Year Built
1988
Roof
Composition
Site Features
Cable TV, Deck, High Speed Internet, Sprinkler System
Energy Source
Electric
School District
Mukilteo
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,400
Gross Scheduled Income
$64,800
Gross Adjusted Income
$64,800
Tax Year
2024
Insurance Expense
$1,084
W/S/G Expenses
$2,830
Total Expenses
$10,552
Net Operating Income
$54,248
Gross Rent Multiplier
17.75
Cap Rate
4.7
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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