zrnglvnrpfc4ypzwn5y8metsi6r1a2
Back to Saved Search
Listing 2 out of 23
Sold for $769,950 Sold

12428 Meridian Ave S
Everett, WA 98208

4 units | Multi Family Home
14375 sq ft lot - MLS# 1397875 Courtesy of Windermere Real Estate/East
Property Photo

Sold

Sold for $769,950 on May 24, 2019

Description

A phenomenal opportunity to invest in a fully rented property with long-tern tenants! Unlike similar properties, the big stuff has been done for you: Brand new vinyl windows/sliders, new roof in 2018, exterior paint in 2019, and interiors recently renovated, incl. all new paint and flooring! Look at the numbers and enjoy impressive cashflow from a low-maintenance property. Units are well-maintained by caring tenants. Tenants pay W/S. Tenants unaware of sale, pls do not disturb. Seconds to I-5.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Sold
  • Listing Price: $769,950
  • 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 lot
  • 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
  • Building Condition: Good
  • Cap Rate - NOI div LP: 5.60
  • Energy Source(heat): Electric
  • Floor Covering: Laminate Hardwood, Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $57700
  • Gross Rent Multiplier: $13
  • Gross Scheduled Income: $57600
  • Heating/Cooling: Baseboard, Forced Air, Wall
  • Lot Details: Dead End Street, Open Space, Paved Street
  • Net Operating Income: $42829
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 8
  • Other Expenses: $5081
  • Power Company: Pse
  • Rent Unit 1: $1200
  • Rent Unit 2: $1200
  • Rent Unit 3: $1200
  • Rent Unit 4: $1200
  • Roof: Composition, See Remarks
  • Selling Agent: Boyang Hou
  • Selling Office: Caliber Real Estate
  • 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: $9512, $9512
  • Total Monthly Income: $5045
  • Vacancy Rate: 2
  • Water Company: Alderwood Water District
  • Water Source: Public
  • Water/Sewer/Garbage: 1800
  • Sold Date: 2019-05-24 00:00:00
  • Sold Price: 769950.00
Courtesy of Windermere Real Estate/East
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than Keller Williams Realty Bothell are marked with the three trees 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 2019-06-27

Terms of Usage Agreement


Withers Team of Realtors

Kenmore, WA 98028

Phone: 425-503-5901
team@withers.com

DON'T MISS A NEW LISTING AGAIN!
Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Quick Search


view all


Any

Any

No Min.

No Max.

Contact Us





* fields are required

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

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu