1005 Lane Place Unit #A&B, Everett, WA 98203
- $500,000
- 1,326
- SqFt
Listing courtesy of RE/MAX Elite. Selling Office: KW North Sound.
- Sold Price
- $500,000
- List Price
- $515,000
- Status
- SOLD
- MLS#
- 1972651
- Closing Date
- Apr 14, 2023
- Days on Market
- 25
- Style
- 52 - Duplex
- Finished SqFt
- 1,326
- Lot Size (sq ft)
- 4,792
Property Description
DUPLEX - Grow your investment portfolio with this prime opportunity in Everett! Located in a quiet neighborhood but still close to Evergreen Way and I-5, this mountain view duplex features two 2 bed/1 bath units with separate fully fenced yards and individual storage sheds. NEW ROOF installed in 2022 provides low initial overhead! Units are both occupied with quality long-term tenants in good standing on month-to-month leases. Don’t miss this excellent investment opportunity!
Additional Information
- List Date
- 2023-03-20 00:00:00
- Community
- Everett
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1941
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet, Outbuildings
- School District
- Everett
- Total Monthly Income
- $2,200
- Gross Scheduled Income
- $26,400
- Gross Adjusted Income
- $26,400
- Tax Year
- 2022
- Insurance Expense
- $600
- W/S/G Expenses
- $2,760
- Total Expenses
- $6,690
- Net Operating Income
- $19,710
- Gross Rent Multiplier
- 20
- Cap Rate
- 3.8
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