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Sold on 05/31/2013

1509 Walnut St, Everett, WA 98201

  • $1,333,000

    Last sold 05/31/2013 for $310K

  • —

    bed

  • —

    bath

  • 4,302

    Sqft ($72/Sqft)

House not for sale
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About 1509 Walnut St

Property type House
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 9,147 Sqft
Movoto estimate
Property description
This 6 unit building has excellent cash flow potential and a Cap Rate of 7%. All units are leased. 2 units have 2 bedrooms, 4 units are 1 bedroom. Seller financing is available. Newer carpets in many units. Ample parking on street and in back off the alley. Currently fully occupied. Coin-Op laundry facility on site. Property is sold AS IS. Buyer to verify all information to their satisfaction. No guarantees or warranties of any kind.
Listed by
Listing Agent - David S. Bray
Listing Office - Bray Realty LLC
Source: NWMLS mls logo
MLS#434377 • last updated 1 year ago
Movoto checked NWMLS for data 20 minutes ago
Overview
Levels/Style Multi Family
MLS # 434377
SubType Multi-Family
Type Residential Income
SqFt 4302
Status Sold
Lot Size (SqFt) 9147
Lot Size (Acres) 0.21
Property Tax 5033
Buying Office RE/MAX On The Lake
Year Built 1910
Buying Office Phone 425-484-0865
Condition Good
Interior
Flooring Carpet
Exterior
Foundation Block
Roof Composition
# Open Parking Spaces 6
# Parking Spaces 6
# Uncovered Spaces 6
Exterior Features Wood Products
Amenities / Utilities
Sewer/ Septic Sewer Connected
Water Public
Power Production: Type Natural Gas
HOA Amenities Coin Op Laundry
Location
View Mountain(s)
County Snohomish
Subdivision North Everett
Area 740 - Everett/Mukilteo
High School District Everett
APN 556331500400
Multifamily Details
Net Operating Income 22236
Capitalization Rate 7
Expense: Insurance 1200
Expense: Electricity 1941
Gross Scheduled Income 43440
Expense: Fuel 1622
Expense: Other 4000
Gross Adjusted Income 41268
Total Expenses 19032
Gross Rent Multiplier 7
Nwm_Totalmonthlyincome 3620
Vacancy Rate 5
$1.33M
Range: $1.17M-$1.49M
Last 30 days 
Rental est.: $1,103/month
Gross rent multiplier: 23.4
Powered By Movoto
  • May 2013
    Public Records
  • May 31, 2013 Sold
    $310,280
  • May 2013
    mls logo MLS # 434377
  • May 31, 2013 Sold
    $310,000 (-3.1%)
  • Jan 1, 2013 Listed
    $319,900 (-30.3%)
  • Dec 2006
    Public Records
  • Dec 5, 2006 Sold
    $459,100
  • 1509 Walnut St
    $310K
  • Delta
    $535K 0% y/y
  • 98201
    $525K -12% y/y
  • Everett
    $525K -14% y/y
No chart available
Statistics calculated by Movoto

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7/10
Garfield Elementary School
public Grades PK, K-5
Everett School District
5/10
North Middle School
public Grades 6-8
Everett School District
6/10
Everett High School
public Grades 9-12
Everett School District
Source: GreatSchools.org © 2026. All rights reserved.

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