6302 Broadway, Everett, WA 98203
- $900,000
- 3,529
- SqFt
Listing courtesy of John L. Scott Mill Creek. Selling Office: Windermere RE North, Inc..
- Sold Price
- $900,000
- List Price
- $939,950
- Status
- SOLD
- MLS#
- 2033945
- Closing Date
- May 17, 2023
- Days on Market
- 64
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,529
- Area Total SqFt
- 3529
- Annual Tax Ammount
- 6600
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 6,098
- Sewer
- Sewer Connected
Property Description
Profitable turnkey 4-plex in the Pinehurst neighborhood in Everett offering great mountain views! This property has provided a consistently low vacancy rate with long-term tenants that have allowed strong cash flow and a good cap rate along with its coin-operated laundry for additional income. This property features ample parking and has been recently updated and offers newer paint, newer carpet, and flooring. Close to public transit, freeway entrances, shopping, downtown Everett, Everett Clinic, and Schools while only being minutes from Amazon, Boeing and I -5. Long term owner is retiring.
/u.realgeeks.media/soundmultifamily/operating-information.jpg)
Additional Information
- List Date
- 2023-03-14 00:00:00
- Community
- Pinehurst
- Net Operating Income
- $55,929
- Gross Adjusted Income
- $67,125
- Gross Scheduled Income
- $72,300
- Total Monthly Income
- $5,775
- Insurance Expenses
- $2,175
- Water/Sewer/Garbage Expenses
- $7,020
- Gross Rent Multiplier
- 13
- Total Expenses
- $16,371
- Cap Rate
- 6.25
- Vacancy Rate
- 2
- Total Number of Units
- 4
- Unit Name
- 6302
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1968
- View
- Mountain(s), Territorial
- Roof
- Torch Down
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Electric Expenses
- 576
- Energy Source
- Electric
- School District
- Everett
- Elementary School
- Lowell Elem
- Middle School
- Evergreen Mid
- High School
- Cascade High
- Total Monthly Income
- $5,775
- Gross Scheduled Income
- $72,300
- Vacancy Rate
- 2
- Gross Adjusted Income
- $67,125
- Tax Year
- 2022
- Insurance Expense
- $2,175
- W/S/G Expenses
- $7,020
- Total Expenses
- $16,371
- Net Operating Income
- $55,929
- Gross Rent Multiplier
- 13
- Cap Rate
- 6.25
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.