18222 Blueberry Lane, Monroe, WA 98272

$530,000

Listing courtesy of Keller Williams Eastside. Selling Office: Windermere R.E. Northeast, Inc.

Sold Price
$530,000
List Price
$589,000
Status
SOLD
MLS#
1114748
Closing Date
Jun 14, 2017
Days on Market
5
Style
52 - Duplex
Lot Size (sq ft)
9,148

Property Description

Great duplex right in downtown Monroe, WA. Right across the street from a large park and bus line. Two perfect units that provide large living rooms/kitchens and bedrooms. They have all just been repainted on the inside with new flooring and carpet installed. Great monthly income generator! As far as owner expenses go, all utilities (water, sewer, and garbage) are paid by tenant. Only expenses by owner are $6,000 per year for the entire duplex plus $860 per year for the insurance on them.

Additional Information

List Date
2017-06-09 00:00:00
Community
Monroe
Potential Terms
Cash Out, Conventional
Year Built
2007
Roof
Composition
School District
Monroe
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,400
Gross Scheduled Income
$52,800
Gross Adjusted Income
$52,800
Tax Year
2016
Insurance Expense
$860
W/S/G Expenses
$150
Total Expenses
$6,860
Net Operating Income
$45,940
Gross Rent Multiplier
11
Cap Rate
12
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