1901 Madison Street, Everett, WA 98203

$499,950
1,700
SqFt

Listing courtesy of Skyline Properties, Inc..

List Price
$499,950
Status
ACTIVE
MLS#
1967563
Price Change
▼ $95,050 1664129187
Days on Market
65
Style
53 - Tri-plex
Building Condition
Fair
Finished SqFt
1,700
Lot Size (sq ft)
9,148

Property Description

Investment opportunity !Triplex on a large corner lot, in an excellent location near shopping and Boeing. Included are three, (1 bedroom and 1 bath) units plus 280 sq/ft garage. Community coin washer & dryer for added income. The garage is divided into two separate stalls with doors, plus a two car carport.

Additional Information

List Date
2022-07-29 12:57:09
Community
Pinehurst
Potential Terms
Cash Out, Conventional
Year Built
1920
Roof
Flat
School District
Everett
Total Monthly Income
$3,735
Gross Scheduled Income
$44,820
Vacancy Rate
3
Gross Adjusted Income
$44,820
Tax Year
2022
Insurance Expense
$650
W/S/G Expenses
$2,784
Total Expenses
$7,346
Net Operating Income
$37,475
Gross Rent Multiplier
13.28
Cap Rate
6.3
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