6640 200th Place NE, Arlington, WA 98223

$747,500
2,240
SqFt

Listing courtesy of Latham Realty Unlimited Inc.

List Price
$747,500
Status
ACTIVE
MLS#
1978677
Price Change
▼ $2,500 1663754246
Days on Market
62
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,240
Lot Size (sq ft)
7,841

Property Description

AWESOME INVESTMENT OPPORTUNITY! Minutes from downtown Arlington, the airport, Smokey Point and the new Amazon facility. It's time to grab your piece of the booming area and take full advantage of the massive growth in this neighborhood. The only vacancy this duplex has seen was a change over of tenants that allowed for updates of unit B including down stairs kitchen and bath solid surface countertops and new carpet and pad. Also a refinished garage floor and new water heater. Great private back yards for each unit and located on a quiet cul-de-sac. Competitive rents make this an instant cash flow investment on a quality building kept in good shape. MOTIVATED SELLER, MOVING FROM AREA.

Additional Information

List Date
2022-08-05 04:57:09
Community
Arlington
Potential Terms
Cash Out, Conventional, FHA, State Bond, USDA Loan, VA Loan
Year Built
1993
Roof
Composition
Site Features
Fenced-Partially
School District
Arlington
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Arlington High
Total Monthly Income
$3,959
Gross Scheduled Income
$47,508
Gross Adjusted Income
$47,508
Tax Year
2022
Insurance Expense
$950
W/S/G Expenses
$2,940
Total Expenses
$9,962
Net Operating Income
$37,564
Gross Rent Multiplier
16
Cap Rate
5
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