1000 121st Street SW Unit #A & B, Everett, WA 98204

$825,000
2,952
SqFt

Listing courtesy of Real Property Associates. Selling Office: Pellego, Inc..

Sold Price
$825,000
List Price
$825,000
Status
SOLD
MLS#
2279155
Closing Date
Sep 19, 2024
Days on Market
2
Style
52 - Duplex
Building Condition
Fair
Finished SqFt
2,952
Area Total SqFt
2952
Annual Tax Ammount
6070
Internet Provider
XFinity / Zipply
Lot Size (sq ft)
16,553
Sewer
Sewer Connected

Property Description

Don't miss out on this investment opportunity. Currently side A has had a full update w/ paint, floors cabinets, millwork & appliances. Side B has long term tenants thru 3/31/2025. This could be an owner occupied plus income property. Updated landscaping and newer vinyl windows. Each side of this split level features 3 bedrooms, 1.5 baths, 2 fireplaces, Living rm, Family Rm, deck, partial fenced yards and one car garages. Close to Boeing, I-5 and all major shopping. Building has not a vacancy in 10 years. With this large lot, there is room for a possible ADU or DADU facing E Gibson.

Additional Information

List Date
2024-09-17 00:00:00
Community
Everett
Net Operating Income
$56,690
Gross Adjusted Income
$67,800
Gross Scheduled Income
$67,800
Total Monthly Income
$5,650
Insurance Expenses
$1,610
Water/Sewer/Garbage Expenses
$2,500
Gross Rent Multiplier
12.2
Total Expenses
$11,180
Cap Rate
6.8
Total Number of Units
2
Unit Name
1000
Potential Terms
Cash Out, Conventional, FHA
Year Built
1979
View
Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, RV Parking
Other Expenses
1000
Energy Source
Electric
School District
Mukilteo
Elementary School
Discvy Elem
Middle School
Voyager Mid
High School
Mariner High
Total Monthly Income
$5,650
Gross Scheduled Income
$67,800
Gross Adjusted Income
$67,800
Tax Year
2024
Insurance Expense
$1,610
W/S/G Expenses
$2,500
Total Expenses
$11,180
Net Operating Income
$56,690
Gross Rent Multiplier
12.2
Cap Rate
6.8
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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