5028 212th St SW

    Mountlake Terrace, WA 98043
    • $1,150,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 1577292
    UPDATED: 54 min ago
    $1,150,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,648
      SQFT
    • $315
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Windermere Lake Stevens.

    Description

    Remarkable investor opportunity! A fourplex w/long term tenants. Each unit is 2 bedroom/1 bath and are approximately 912 sq ft each. All buildings included this fourplex have been completely rebuilt in the last 10 years. Decks, roof, windows, plumbing, electrical and additional upgrades. This fourplex is in a wonderful location, close to freeways, shops and excellent school district. There is definitely room for rent increases per schedule, all rents to $1550 in May.

    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 The Snow Group at Keller Williams North Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-03-31T15:15:07.273.

    www.jeffsnowgroup.com/homes/104097925

    5028 212th St SW Mountlake Terrace, WA 98043

    • Price: $1,150,000
    • Status: Active
    • Updated: 54 min ago
    • ID#: 1577292
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    3,648
    SQFT
    $315
    $/SQFT
    1969
    Built
    Neighborhood:
    Mountlake Terrace
    County:
    Snohomish
    Area:
    SW Snohomish Cty/Lynnwood/Edmonds
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Buyer To Verify
    School District:
    Edmonds
    Property Description
    Remarkable investor opportunity! A fourplex w/long term tenants. Each unit is 2 bedroom/1 bath and are approximately 912 sq ft each. All buildings included this fourplex have been completely rebuilt in the last 10 years. Decks, roof, windows, plumbing, electrical and additional upgrades. This fourplex is in a wonderful location, close to freeways, shops and excellent school district. There is definitely room for rent increases per schedule, all rents to $1550 in May.
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details Dead End StreetOpen SpacePaved Street Lot Dimensions 135X69 Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 8 Uncovered Spaces 8

    Interior Features

    Floor Covering Ceramic TileSlateWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 912 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 912 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 912 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 912 Unit4 Washer Dryer Y 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 Storage Bank Owned No Cap Rate 3.70 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 42115 Gross Rent Multiplier 17 Gross Scheduled Income 66000 Heating Expenses 0 Hers Index 0 Home Owner Dues 5700 Insurance Expenses 2100 Leased Items None Net Operating Income 42115 New Construction YN No Other Expenses 5700 Possession ClosingSub. Tenant's Rights Power Company Sno. Co. Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 8 Sewer Sewer Connected Sewer Company City Of Mukilteo Site Features Cable TVDeckFenced-PartiallyHigh Speed Internet Tax Amount 8585 Tax Year 2020 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 23885 Total Expenses TEX 23885 Total Monthly Income 5500 Unit1 Monthly Rent 1300 Unit2 Monthly Rent 1550 Unit3 Monthly Rent 1350 Unit4 Monthly Rent 1300 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 3 Water Company City Of Mukilteo Water Sewer Garbage 7500 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 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 Snow Group at Keller Williams North Seattle 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 Snow Group at Keller Williams North Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-03-31T15:15:07.273.

     
    The Snow Group at Keller Williams North Seattle
    10700 Meridian Ave N, Suite 504
    Seattle WA, 98133
    Listing Courtesy of Windermere Lake Stevens.