1120 113th Street SW, Everett, WA 98204

$970,000
2,940
SqFt

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Listing courtesy of Michael J Real Estate LLC. Selling Office: Best Choice Realty LLC.

Sold Price
$970,000
List Price
$999,999
Status
SOLD
MLS#
2443544
Closing Date
Dec 29, 2025
Days on Market
27
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
2,940
Area Total SqFt
2940
Annual Tax Ammount
8480
Lot Size (sq ft)
12,197
Sewer
Available
Bank Owned
Yes

Property Description

Beautiful well-maintained Four-Plex near Paine Field airport, shopping, and transportation. This multi family features four garden style units located at the end of a charming cul-de-sac giving it great privacy. Property has been well maintained, all new water heaters in on-site laundry located at back of building, regular cleaning on metal roof and gutters with low maintenance landscaping and upgraded units. All units have been recently renovated with new flooring, appliances, fixtures and paint. Long term easy-going tenants making this a great asset for your investment portfolio! MR Zoning in Snohomish County allows an additional 2 units to be added making a total of 6 potential units! Inspection report available

Additional Information

List Date
2025-12-02 00:00:00
Community
Mukilteo
Net Operating Income
$75,640
Gross Adjusted Income
$86,340
Gross Scheduled Income
$86,340
Total Monthly Income
$7,195
Insurance Expenses
$2,220
Gross Rent Multiplier
11.58
Total Expenses
$10,700
Cap Rate
7.6
Total Number of Units
4
Unit Name
1120
Potential Terms
See Remarks
Year Built
1958
Roof
Metal
Site Features
Fenced-Partially
Energy Source
Electric
School District
Mukilteo
Total Monthly Income
$7,195
Gross Scheduled Income
$86,340
Gross Adjusted Income
$86,340
Tax Year
2025
Insurance Expense
$2,220
Total Expenses
$10,700
Net Operating Income
$75,640
Gross Rent Multiplier
11.58
Cap Rate
7.6
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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