507 Cascade Ave, Granite Falls, WA 98252

$425,000
2,176
SqFt

Listing courtesy of Windermere Real Estate RMI Inc. Selling Office: .

Sold Price
$425,000
List Price
$425,000
Status
SOLD
MLS#
1416714
Closing Date
Jun 07, 2019
Days on Market
63
Style
52 - Duplex
Building Condition
['Good']
Finished SqFt
2,176
Lot Size (sq ft)
5,227

Property Description

Fantastic opportunity to purchase a lovely duplex in the heart of Granite Falls. Wonderful floor plan & peaceful setting help maximize cash flow for lucky new owner. Each unit offers 3 bedrooms, 1.5 baths, attached single car garage, detached storage shed, additional storage connected to each unit and separate fully fenced backyards. Long time tenants with below market rents. Conveniently located near parks, shopping, restaurants and recreation.

Additional Information

List Date
2019-03-01 00:00:00
Community
Granite Falls
Property Type
MULT
Units
2
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1995
Total Parking
4
Uncovered Parking
2
View
Territorial
Exterior
Wood Products
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Outbuildings, Patio
Lot Details
Alley, Sidewalk
School District
Granite Falls
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$1,870
Gross Scheduled Income
$22,440
Gross Adjusted Income
$22,440
Annual Taxes
$3,608
Tax Year
2018
Insurance Expense
$620
W/S/G Expenses
$2,722
Total Expenses
$7,570
Net Operating Income
$14,870
Gross Rent Multiplier
19
Cap Rate
3

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
1.50
Unit 1 Size
1088
Unit 1 Rent
$910
Unit 2 Beds
3
Unit 2 Baths
1.50
Unit 2 Size
1088
Unit 2 Rent
$960
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks