5030 212th Street SW, Mountlake Terrace, WA 98043
- $1,395,000
- 3,648
- SqFt
Listing courtesy of Da Li International Realty LLC.
- List Price
- $1,395,000
- Status
- ACTIVE
- MLS#
- 2264112
- Days on Market
- 73
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,648
- Area Total SqFt
- 3648
- Annual Tax Ammount
- 8840
- Lot Size (sq ft)
- 9,148
- Sewer
- Sewer Connected
Property Description
Beautifully maintained 4-Plex in "The Village," offering a prime location just minutes from I-5, I-405, and shopping! New roof in 2024! Interior updates include kitchen cabinet, countertops and flooring. Each spacious 2BR/1BA unit features an in-unit washer and dryer. Long-term tenants provide stable income with potential future rent increases. The property includes 4 assigned parking spaces and 4 unassigned spaces. HOA dues cover common area maintenance, landscaping, insurance, garbage, and an on-site manager. Do not miss out on this incredible investment opportunity! Please do not disturb tenants.
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Additional Information
- List Date
- 2024-07-28 12:49:23
- Community
- Mountlake Terrace
- Net Operating Income
- $56,420
- Gross Adjusted Income
- $81,000
- Gross Scheduled Income
- $81,000
- Total Monthly Income
- $6,750
- Insurance Expenses
- $2,000
- Water/Sewer/Garbage Expenses
- $8,100
- Gross Rent Multiplier
- 17.22
- Total Expenses
- $24,580
- Cap Rate
- 4.04
- Total Number of Units
- 4
- Unit Name
- 5030
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1969
- Roof
- Composition
- Site Features
- Deck
- Other Expenses
- 5640
- Energy Source
- Electric
- School District
- Edmonds
- Total Monthly Income
- $6,750
- Gross Scheduled Income
- $81,000
- Gross Adjusted Income
- $81,000
- Tax Year
- 2024
- Insurance Expense
- $2,000
- W/S/G Expenses
- $8,100
- Total Expenses
- $24,580
- Net Operating Income
- $56,420
- Gross Rent Multiplier
- 17.22
- Cap Rate
- 4.04
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.