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Listing 4 out of 24
$785,000 For Sale

12428 Meridian Ave S
Everett, WA 98208

4 units | Multi Family Home
14375 sq ft - MLS# 1386920 Courtesy of Windermere Real Estate/East
Property Photo
1/16

Description

Do not miss out on this fantastic investment opportunity! Enjoy impressive cashflow from this low-maintenance property with long-term tenants. Unlike similar properties, the big stuff has been done for you; Brand new vinyl windows and roof in 2017, and interiors recently renovated, incl. all new paint and flooring! Units are well-maintained by caring tenants & exterior paint planned for 2019. Tenants pay W/S. Tenants unaware of sale please do not disturb. Commuters' dream, seconds to I-5.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Snohomish County
  • Zip Code: 98208
  • Year Built: 1978
  • Subdivision/Neighborhood: Centrecourt Townhouses Div 1
  • School District: Mukilteo
  • Elementary School: Discvy Elem
  • Middle School: Voyager Mid
  • High School: Mariner High
  • Sq.Ft.: 3,840 sq ft
  • Units: 4 units
  • # of Parking Spaces: 8
  • Lot Size: 14375 sq ft
  • Area: Mariner
  • Amenities: Playground, Storage, Thermal Windows
  • Area Number: 740
  • Bathrooms Unit 1: 1.50
  • Bathrooms Unit 2: 1.50
  • Bathrooms Unit 3: 1.50
  • Bathrooms Unit 4: 1.50
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 2
  • Bedrooms Unit 4: 2
  • Energy Source(heat): Electric
  • Floor Covering: Laminate Hardwood, Vinyl, Wall to Wall Carpet
  • Foundation: Post & Block, Poured Concrete
  • Gross Adjusted Income: $56448
  • Gross Rent Multiplier: $15
  • Gross Scheduled Income: $57600
  • Heating/Cooling: Baseboard, Forced Air, Wall
  • Lot Details: Dead End Street, Open Space, Paved Street
  • Net Operating Income: $47203
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 8
  • Other Expenses: $7445
  • Power Company: Pse
  • Rent Unit 1: $1200
  • Rent Unit 2: $1200
  • Rent Unit 3: $1200
  • Rent Unit 4: $1200
  • Roof: Composition, See Remarks
  • Sewer Company: Alderwood Water District
  • Site Features: Cable TV, Deck, Patio
  • Square Feet Unit 1: 960
  • Square Feet Unit 2: 960
  • Square Feet Unit 3: 960
  • Square Feet Unit 4: 960
  • Total Expenses: $9245, $9245
  • Vacancy Rate: 2
  • Water Company: Alderwood Water District
  • Water Source: Public
  • Water/Sewer/Garbage: 1800
Courtesy of Windermere Real Estate/East
©NorthWest MLS 2018. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than Keller Williams Realty Bothell are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2018-12-16

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Withers Team of Realtors

Kenmore, WA 98028

Phone: 425-503-5901
team@withers.com

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Alan Withers & Team | (425) 503-5901 | team@withers.com 
Kenmore, WA 98028

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