12003 Alexander Road, Everett, WA 98204

$670,000
1,608
SqFt

Listing courtesy of RE/MAX Elite.

List Price
$670,000
Status
ACTIVE
MLS#
2242492
Price Change
▼ $20,000 1718325566
Days on Market
26
Style
52 - Duplex
Finished SqFt
1,608
Lot Size (sq ft)
15,682

Property Description

Investor Alert! Duplex style property on 15,000+ sq ft Zoned R7200 - Lot that could be subdivided! You have a superb opportunity to build some sweat equity or subdivide and build your dream home while keeping an investment property next door and you have an amazing location, close to Paine Field and in Mukilteo School District. Main Home is 2bd, 1bath with a large living room and attached 1-car garage. Long driveway for boat/RV parking. Second Unit is 1bed, 1bath with separate driveway, yard area and a lot of parking. All services and utilities are connected. Buyer to verify all information.

Additional Information

List Date
2024-05-23 19:38:08
Community
Mukilteo
Potential Terms
Cash Out, Conventional, Rehab Loan
Year Built
1949
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, RV Parking
School District
Mukilteo
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Gross Scheduled Income
$31,200
Gross Adjusted Income
$31,200
Tax Year
2023
Insurance Expense
$1,200
Total Expenses
$5,810
Net Operating Income
$25,390
Gross Rent Multiplier
22.11
Cap Rate
3.6
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