4705 Vesper Dr, Everett, WA 98203

$660,000
3,728
SqFt

Listing courtesy of Windermere Real Estate M2 LLC. Selling Office: Heaton Dainard, LLC.

Sold Price
$660,000
List Price
$699,900
Status
SOLD
MLS#
1626016
Closing Date
Jul 24, 2020
Days on Market
9
Style
54 - 4-Plex
Finished SqFt
3,728
Lot Size (sq ft)
8,712

Property Description

Classic mid-century brick fourplex in the thriving & growing area of Everett. Conveniently located near Forest Park & Claremont neighborhoods. The property features two 2bed units & two 1bed units. All units are original finishes w/hardwood floors, large living spacious & private doors to back hallway to shared coin-op washer/dryer & patio. Easy commute to I-5 & walking distance to shopping, parks, bus service & new YMCA. Long term tenants well below market rents.

Additional Information

List Date
2020-07-06 00:00:00
Community
Everett
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1954
Total Parking
6
Uncovered Parking
6
Exterior
Brick, Wood
Roof
Flat, Torch Down
Site Features
Cable TV, High Speed Internet, Outbuildings, Patio
Lot Details
Corner Lot, Paved Street
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Everett High
Total Monthly Income
$3,900
Gross Scheduled Income
$47,200
Vacancy Rate
3
Gross Adjusted Income
$45,784
Annual Taxes
$6,157
Tax Year
2019
Insurance Expense
$1,590
W/S/G Expenses
$2,119
Total Expenses
$13,139
Net Operating Income
$32,645
Gross Rent Multiplier
14
Cap Rate
4

Room Dimensions

Unit 1 Beds
1
Unit 1 Baths
1.00
Unit 1 Size
667
Unit 1 Rent
$900
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Size
949
Unit 2 Rent
$1,050
Unit 3 Beds
1
Unit 3 Baths
1.00
Unit 3 Size
668
Unit 3 Rent
$900
Unit 4 Beds
2
Unit 4 Baths
1.00
Unit 4 Size
949
Unit 4 Rent
$1,050
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