205 Heather Road, Everett, WA 98203

$917,000
3,583
SqFt

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Listing courtesy of New Horizon Realty LLC. Selling Office: HomeSmart Real Estate Assoc.

Sold Price
$917,000
List Price
$925,000
Status
SOLD
MLS#
2397346
Closing Date
Aug 08, 2025
Days on Market
4
Style
52 - Duplex
Building Condition
Good
Finished SqFt
3,583
Area Total SqFt
3583
Annual Tax Ammount
3421
Lot Size (sq ft)
9,148
Sewer
Sewer Connected

Property Description

Large duplex in View Ridge neighborhood. This updated duplex has a 4 bedrm, 2.65 bath unit & 2 bedrm 1.75 bath unit. The 4 bedrm unit has 2 bedrms and .75 bath in the basement w/huge rec room & fireplace. The 4 bedrm unit w/completly updated kitchen new appliances, counter tops,flooring & new tile bathrms updates as well! The basement may have enough space to create a 3rd unit buyer to verify the regulations for that. Huge 3 car garage w/storage & area for work shop. Plenty of off street parking in the driveway & street parking as well. This was owner occupied for years. Great opportunity for new owner to have a large unit to live in and rental income. Patio's off each unit & nice yard area on the side. Newer roof too.So many possibilities.

Additional Information

List Date
2025-08-04 00:00:00
Community
View Ridge
Net Operating Income
$57,816
Gross Adjusted Income
$57,816
Gross Scheduled Income
$68,400
Total Monthly Income
$5,700
Insurance Expenses
$2,011
Water/Sewer/Garbage Expenses
$1,752
Gross Rent Multiplier
13.5
Total Expenses
$10,584
Cap Rate
6
Total Number of Units
2
Unit Name
205
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1963
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
Electric Expenses
3400
Energy Source
Electric
School District
Everett
Elementary School
View Ridge Elem
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,700
Gross Scheduled Income
$68,400
Gross Adjusted Income
$57,816
Tax Year
2025
Insurance Expense
$2,011
W/S/G Expenses
$1,752
Total Expenses
$10,584
Net Operating Income
$57,816
Gross Rent Multiplier
13.5
Cap Rate
6
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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