412 105th Street SW, Everett, WA 98204
- $779,950
- 2,770
- SqFt
Listing courtesy of Kelly Right RE of Seattle LLC.
- List Price
- $779,950
- Status
- ACTIVE
- MLS#
- 2530416
- Days on Market
- 0
- Style
- 52 - Duplex
- Building Condition
- Fair
- Finished SqFt
- 2,770
- Area Total SqFt
- 2770
- Annual Tax Ammount
- 5460
- Lot Size (sq ft)
- 14,810
- Sewer
- Sewer Connected
Property Description
Attention Investors! Everett investment opportunity featuring an income-producing duplex plus an additional 3-bedroom manufactured home on a spacious 14,810 SF lot. All units are occupied with month-to-month leases and current rents are below market, offering future rental upside. Seller currently pays water/sewer, providing additional potential for future expense restructuring. Property is in fair condition with opportunity for improvements and value enhancement. Large 14,810 SF lot with MR zoning offers redevelopment potential for approximately 7 dwelling units based on current zoning density. Plenty of parking with convenient access to shopping, services, transit and major commuter routes. Ideal for an investor looking for current rental income with multiple ways to add value through future rent growth, property improvements, expense restructuring and redevelopment potential. Buyer to verify zoning, permitted uses, development capacity and all information to buyer’s satisfaction.
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Additional Information
- List Date
- 2026-08-15 18:30:13
- Community
- Everett Mall
- Net Operating Income
- $37,435
- Gross Adjusted Income
- $55,800
- Gross Scheduled Income
- $55,800
- Total Monthly Income
- $4,650
- Insurance Expenses
- $2,100
- Water/Sewer/Garbage Expenses
- $10,805
- Gross Rent Multiplier
- 14.34
- Total Expenses
- $18,365
- Cap Rate
- 4.68
- Total Number of Units
- 3
- Unit Name
- 412
- Potential Terms
- Cash, Conventional, Rehab Loan, VA Loan
- Year Built
- 1979
- Roof
- Composition
- Site Features
- Fenced-Partially, Patio, RV Parking
- Energy Source
- Electric
- School District
- Mukilteo
- Total Monthly Income
- $4,650
- Gross Scheduled Income
- $55,800
- Gross Adjusted Income
- $55,800
- Tax Year
- 2026
- Insurance Expense
- $2,100
- W/S/G Expenses
- $10,805
- Total Expenses
- $18,365
- Net Operating Income
- $37,435
- Gross Rent Multiplier
- 14.34
- Cap Rate
- 4.68
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.