1601 Wetmore Ave

    Everett, WA 98201
    • $1,885,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 1280619
    UPDATED: 62 min ago
    $1,885,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,384
      SQFT
    • $255
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of North Pacific Properties.

    Description

    GOOD LOCATION!! Nice well kept 10 unit building in an area of nice homes. Owner has recently completed many upgrades. Units are always leased and there is room for rent increases which make this even more attractive. This is a solid investment in a very desirable Everett area that is close to Grand Ave Park and will soon have a nearby pedestrian bridge that leads to the waterfront. The newer Providence hospital is within walking distance as well.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Craig McKenzie Team | KW Whidbey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-22T20:17:40.627.

    www.thecraigmckenzieteam.com/homes/82976984

    1601 Wetmore Ave Everett, WA 98201

    • Price: $1,885,000
    • Status: Active
    • Updated: 62 min ago
    • ID#: 1280619
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    7,384
    SQFT
    $255
    $/SQFT
    1956
    Built
    Neighborhood:
    Historic N Everett
    County:
    Snohomish
    Area:
    Everett/Mukilteo
    School District:
    Everett
    Property Description
    GOOD LOCATION!! Nice well kept 10 unit building in an area of nice homes. Owner has recently completed many upgrades. Units are always leased and there is room for rent increases which make this even more attractive. This is a solid investment in a very desirable Everett area that is close to Grand Ave Park and will soon have a nearby pedestrian bridge that leads to the waterfront. The newer Providence hospital is within walking distance as well.
    Exterior Features

    Building Condition Good Carport Spaces 0 Construction Methods Standard Frame Exterior StoneWood Foundation Poured Concrete Garage Spaces 2 Lot Details AlleyCorner LotCurbsPaved StreetSidewalk Roof Composition Stories In Building 2 Style 56 - 6-9 Units Total Parking Spaces 10 Uncovered Spaces 10

    Interior Features

    Floor Covering HardwoodVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Sq Ft 0 Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Sq Ft 0 Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade Y

    Property Features

    Amenities BasementCoin Op Laundry Bank Owned No Cap Rate 4.63 Electrical Expenses 400 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 110000 Gross Rent Multiplier 16 Gross Scheduled Income 111000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3500 Leased Items None Net Operating Income 87348 New Construction YN No Other Expenses 2100 Possession Closing Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 9652 Tax Year 2017 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 22652 Total Expenses TEX 22652 Total Monthly Income 100 Unit1 Monthly Rent 850 Unit2 Monthly Rent 825 Unit3 Monthly Rent 925 Unit4 Monthly Rent 850 Unit5 Monthly Rent 975 Unit6 Monthly Rent 850 Vacancy Rate 1 Water Sewer Garbage 7000 Water Source Public

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by The Craig McKenzie Team | KW Whidbey and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Craig McKenzie Team | KW Whidbey are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-22T20:17:40.627.

     
    The Craig McKenzie Team | KW Whidbey
    32650 SR 20
    Oak Harbor WA, 98277
    Listing Courtesy of North Pacific Properties.