2032 Chestnut Street Unit #A&B, Everett, WA 98201

$600,000
2,252
SqFt

Listing courtesy of Sterling Johnston Real Estate. Selling Office: Integris Real Estate.

Sold Price
$600,000
List Price
$511,750
Status
SOLD
MLS#
1627007
Closing Date
Aug 31, 2020
Days on Market
11
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,252
Lot Size (sq ft)
7,840

Property Description

Built 1990,Large Townhome Duplex,3 bedroom/1.25 bath/1 car garage,private fenced back yard with patio area for each unit,Everett is rapidly growing and appreciating,Best Value on the market-Rare opportunity for owner user to occupy.CAP Rate potential 6.75++% Sold Vacant-Estimated rent & expenses.Market rents approx $1850-2000 a month w/cosmetic updates.Sold "as-is",sold vacant,walk to parks and schools, quiet residential area, minutes to I-5 and shopping.

Additional Information

List Date
2020-08-20 00:00:00
Community
Riverside
Potential Terms
Cash Out, Conventional, FHA
Year Built
1990
View
Mountain(s)
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Patio
School District
Everett
Elementary School
Garfield Elem
Middle School
North Mid
High School
Everett High
Total Monthly Income
$3,600
Gross Scheduled Income
$43,200
Vacancy Rate
2
Gross Adjusted Income
$42,336
Tax Year
2020
Insurance Expense
$2,100
W/S/G Expenses
$3,000
Total Expenses
$14,251
Net Operating Income
$28,085
Gross Rent Multiplier
11
Cap Rate
5.5
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