1005 Lane Place Unit A, Everett, WA 98203

$425,000
1,326
SqFt

Listing courtesy of Redfin Corp..

List Price
$425,000
Status
ACTIVE
MLS#
1563386
Days on Market
7
Style
52 - Duplex
Finished SqFt
1,326
Lot Size (sq ft)
4,792

Property Description

Incredible investment opportunity located in Everett. Each unit features 2 bedrooms with 1 bathroom, include all appliances and outdoor storage sheds. Both units have long term tenants with renewed 6 month lease. New hardwood laminate flooring, recently updated interior paint, hot water tanks and fuse box. Tenants pay power. Centrally located, close to shopping, freeways, and bus lines.

Additional Information

List Date
2020-02-13 00:00:00
Community
Everett
Property Type
MULT
Units
2
Stories
1
Potential Terms
Cash Out, Conventional
Year Built
1941
Total Parking
1
Uncovered Parking
1
Exterior
Wood Products
Roof
Composition
Site Features
Fenced-Fully, Outbuildings
Lot Details
Corner Lot, Paved Street
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$2,200
Gross Scheduled Income
$26,400
Gross Adjusted Income
$26,400
Annual Taxes
$2,554
Tax Year
2019
Insurance Expense
$862
W/S/G Expenses
$1,942
Total Expenses
$5,358
Net Operating Income
$21,042
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.00
Unit 1 Size
663
Unit 1 Rent
$1,100
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
663
Unit 2 Rent
$1,100
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