NOT LISTED FOR SALE
-- Bed
-- Bath
4,302 Sq Ft
9,147 Sq Ft Lot

Last Sold May 31, 2013

Last sale price $310,000 $72 Per Sq Ft

86 Days on Market

Highlights

  • Mountain View
  • Wall to Wall Carpet
  • 4-minute walk to Henry Jackson Park

About This Home

As of May 2013

This 6 unit building has excellent cash flow potential and a Cap Rate of 7%. All units are leased. 2 units have 2 bedrooms, 4 units are 1 bedroom. Seller financing is available. Newer carpets in many units. Ample parking on street and in back off the alley. Currently fully occupied. Coin-Op laundry facility on site. Property is sold AS IS. Buyer to verify all information to their satisfaction. No guarantees or warranties of any kind.

Last Buyer's Agent

Rick Mouw

RE/MAX Northwest License #80899

RE/MAX Northwest

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 434377

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,033

Year Built

  • Built in 1910

Lot Details

  • 9,147 Sq Ft Lot
  • Property is in good condition

Home Design

  • Block Foundation
  • Composition Roof
  • Wood Composite

Interior Spaces

  • 4,302 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Mountain Views

Parking

  • 6 Parking Spaces
  • Open Parking

Utilities

  • Natural Gas Connected

Community Details

  • Riverdale Add Condos
  • North Everett Subdivision

Listing and Financial Details

  • Legal Lot and Block 4, 5 & 6 / 315
  • Assessor Parcel Number 00556331500400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,033

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • Buyer Agency Compensation: 3.0
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Riverdale Add
  • CalculatedSquareFootage: 4302
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood Products
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 6

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Natural Gas Connected
  • WaterSewerGarbage: 5236

Fee Information

  • Annual Fuel Expense: 1622

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00556331500400
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9147
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • LotNumber: 4, 5 & 6

Green Features

  • Power Production Type: Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 7
  • LeasedItems: None
  • TotalMonthlyIncome: 3620

Multi Family

  • Gross Scheduled Income: 43440
  • Net Operating Income: 22236
  • Number Of Units Total: 6
  • Electric Expense: 1941
  • Insurance Expense: 1200
  • Leasable Area: 4302
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2013
  • Tax Annual Amount: 5033

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $310,000 -6.0% $72 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $329,900 -- $77 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 434377

Northwest Multiple Listing Service (NWMLS)

APN: 00556331500400