1204 Wall Street, Everett, WA 98201

$775,000
3,500
SqFt

Listing courtesy of The Preview Group. Selling Office: Windermere R.E. Shoreline.

Sold Price
$775,000
List Price
$775,000
Status
SOLD
MLS#
1848949
Closing Date
Dec 08, 2021
Days on Market
6
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,500
Lot Size (sq ft)
5,227

Property Description

Classic triplex perfectly located in North Everett neighborhood near downtown, minutes walk to waterfront, restaurants, and shopping. Building features 3 large and unique units. Two 1400sf three bed 1 bath units and one nearly 700sf 2 bed 1 bath unit with a view of the sound. New roof and exterior paint in 2021. New sewer line installed in 2020. On-site laundry room with coin operated washer and dryer. Each unit has its own water heater, separate entrance, and assigned parking. There is a one car garage on the property as well. Quick access to Evergreen Way, I-5, Highway 2. Development potential to be verified by Buyer.

Additional Information

List Date
2021-12-02 00:00:00
Community
Downtown
Potential Terms
Cash Out, Conventional, FHA
Year Built
1923
View
Bay, Mountain(s), Sound, Territorial
Roof
Composition
School District
Everett
Total Monthly Income
$4,800
Gross Scheduled Income
$57,600
Vacancy Rate
2
Gross Adjusted Income
$56,448
Tax Year
2021
Insurance Expense
$950
W/S/G Expenses
$3,783
Total Expenses
$9,761
Net Operating Income
$47,637
Gross Rent Multiplier
16
Cap Rate
6.1
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