2927 Federal Ave

    Everett, WA 98201
    • $614,950
    • STATUS: Pending Inspection
    • ON SITE: 9 days
    • ID#: 1391168
    Under Contract
    UPDATED: 8 min ago
    $614,950
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,944
      SQFT
    • $209
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of John L. Scott, Inc..

    Description

    Amazing location providing all the urban amenities within walking distance (walk score 82). This 4-plex now zoned UR, building height limit can go up to 7-11 floors with no max on # of units. With views of the sound and Olympics and a cap rate of 7.6% you dont want to miss out on this opportunity. Some newer hard-surface updates and plenty of street parking + parking pad in the back off of the alley. Units are separately metered, house includes tenant coin op laundry room too. Solid tenants!

    Monthly Payment Calculator

    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 Costello Team | ReMax Integrity are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-12-16T11:14:05.97.

    www.costelloteam.com/homes/89893925

    2927 Federal Ave Everett, WA 98201

    • Price: $614,950
    • Status: Pending Inspection
    • Updated: 8 min ago
    • ID#: 1391168
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,944
    SQFT
    $209
    $/SQFT
    1900
    Built
    Neighborhood:
    Everett
    County:
    Snohomish
    Area:
    Everett/Mukilteo
    School District:
    Everett
    Property Description
    Amazing location providing all the urban amenities within walking distance (walk score 82). This 4-plex now zoned UR, building height limit can go up to 7-11 floors with no max on # of units. With views of the sound and Olympics and a cap rate of 7.6% you dont want to miss out on this opportunity. Some newer hard-surface updates and plenty of street parking + parking pad in the back off of the alley. Units are separately metered, house includes tenant coin op laundry room too. Solid tenants!
    Exterior Features

    Carport Spaces 0 Exterior Wood Garage Spaces 0 Lot Details AlleyCurbsPaved StreetSidewalk Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 8 Uncovered Spaces 8 View BayMountainPartialSound

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Forced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 800 Unit1 Washer Dryer N Unit2 Bathrooms 2.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1100 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 500 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 600 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 7.60 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification See Remarks Gross Adjusted Income 55581 Gross Rent Multiplier 11 Gross Scheduled Income 56715 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1148 Leased Items Washer/Dryer Net Operating Income 46440 New Construction YN No Other Expenses 3403 Possession ClosingSub. Tenant's Rights Power Company Snohomish Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company City Of Everett Site Features Cable TVDeckFenced-Partially Tax Amount 4551 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 10275 Total Expenses TEX 10275 Total Monthly Income 4715 Unit1 Monthly Rent 1265 Unit2 Monthly Rent 1420 Unit3 Monthly Rent 1110 Unit4 Monthly Rent 920 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 2 Water Company City Of Everett Water Sewer Garbage 1173 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 Costello Team | ReMax Integrity 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 Costello Team | ReMax Integrity are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-12-16T11:14:05.97.

     
    Costello Team | ReMax Integrity
    371 NE Gilman Blvd.
    Issaquah WA, 98027
    Listing Courtesy of John L. Scott, Inc..