3512 Grand Avenue, Everett, WA 98201

$899,000
4,501
SqFt

Listing courtesy of Gilpin Realty, Inc..

List Price
$899,000
Status
ACTIVE
MLS#
2042796
Price Change
▼ $51,000 1686355045
Days on Market
82
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
4,501
Lot Size (sq ft)
31,799

Property Description

Investors, take note of this remarkable investment opportunity! A charming Old Timber Baron Mansion is now a Rucker Hill Victorian 4-plex offers 3181 square feet of spacious living space, plus an additional 1300 square feet of unfinished basement. This property boasts a newer roof and sewer line, ensuring low maintenance costs for years to come.This historical property is situated in a secluded location, surrounded by trees and lush greenery, providing a peaceful living experience. The property also features a washer and dryer in the basement for added convenience. With so much to offer, this property is a must-see for any savvy investor looking to make a smart and lucrative investment. 2-1 bd 1 bth, 1-2 bd w/ 1 bth, 1-2bd w/2 bth

Additional Information

List Date
2023-03-19 18:50:10
Community
Everett
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1901
View
Mountain(s), Partial, Territorial
Roof
Composition
Site Features
Cable TV, Deck
School District
Everett
Elementary School
Jackson Elem
Middle School
Buyer To Verify
High School
Everett High
Total Monthly Income
$4,570
Gross Scheduled Income
$54,840
Gross Adjusted Income
$54,840
Tax Year
2022
Insurance Expense
$1,109
W/S/G Expenses
$2,946
Total Expenses
$12,574
Net Operating Income
$42,469
Gross Rent Multiplier
20
Cap Rate
3.86
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