8307 5th Avenue W, Everett, WA 98203

$5,490,000
14,144
SqFt

Listing courtesy of Coldwell Banker Bain.

List Price
$5,490,000
Status
ACTIVE
MLS#
1933786
Price Change
▼ $310,000 1659570511
Days on Market
137
Style
56 - 10+ Units
Building Condition
Very Good
Finished SqFt
14,144
Lot Size (sq ft)
23,086

Property Description

Almost new townhomes designed for minimal maintenance and have been well cared for since they were built in 2020. All units are individually metered and have laundry facilities within all homes. Private entrances, individual two car garages and six off-street parking spots. Mini-Ductless systems on the main and wall units on the upper. Designed for future investor to potentially sell units individually in the future. Great proximity to Boeing, Paine Field, Amazon, Swedish and Providence medical centers and many more employment opportunities in this high demand. Do not go on property.

Additional Information

List Date
2022-05-18 20:24:10
Community
Everett
Potential Terms
Cash Out, Conventional
Year Built
2020
Roof
Composition
Site Features
Cable TV, Deck
School District
Mukilteo
Total Monthly Income
$26,864
Gross Scheduled Income
$322,368
Vacancy Rate
3
Gross Adjusted Income
$312,487
Tax Year
2022
Insurance Expense
$6,000
W/S/G Expenses
$20,400
Total Expenses
$54,440
Net Operating Income
$258,047
Gross Rent Multiplier
17.03
Cap Rate
4.7
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