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318 Bedrock Dr, Everett, WA 98203

$670,000
Last sold 08/14/2024 for $599K
—
bed
—
bath
1,932
Sqft ($310/Sqft)

House not for sale

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About 318 Bedrock Dr

Property type House

Neighborhood

Year built 1969

HOA fee $0/month

Lot size 7,405 Sqft

Movoto estimate

Property description

Great performing cashflow opportunity! Beautiful side-by-side rambler style duplex with new roof in a fantastic location on a corner lot with views! The first unit is 3 beds 1 bath, & the corner unit is 2 beds 1 bath. Property & surrounding area generates fantastic rents with high occupancy rates. Always in demand! Both units have covered carports with additional storage, and backyards. Both kitchens have white quartz countertops. This style of duplex is ideal because the driveway locations & entrances / exits make it feel like 2 separate small homes on the same lot, a highly sought after design by tenants.

Listed by

Listing Agent - Garrett Ortolf

Listing Office - TEC Real Estate Inc.

Source: NWMLS

MLS#2263391 • last updated 1 year ago

Movoto checked NWMLS for data 14 minutes ago

Overview
Cooling/AC	None
Heating	Baseboard
Levels/Style	Duplex
MLS #	2263391
SubType	Multi-Family
Type	Residential Income
SqFt	1932
Status	Sold
Lot Size (SqFt)	7405
Lot Size (Acres)	0.17
Property Tax	4612
Year Built	1969
Buying Office Phone	206-522-3400

Interior

Exterior
Foundation	Poured Concrete
Roof	Composition
# Open Parking Spaces	2
# Carport Spaces	2
# Parking Spaces	4
# Uncovered Spaces	2
Exterior Features	Wood

Amenities / Utilities
Sewer/ Septic	Sewer Connected, City Of Everett
Water	Public
Water Company	City Of Everett
Power Company	Snohomish County PUD
Power Production: Type	Electric
Security Features	FullyFenced

Location
View	Territorial
County	Snohomish
Subdivision	Everett
Area	740 - Everett/Mukilteo
Elementary School	Madison Elem
Middle School	Evergreen Mid
High School District	Everett
High School	Everett High
APN	621600102900
Zoning	Residential

Multifamily Details
Net Operating Income	40172
Capitalization Rate	6.7
Expense: Insurance	816
Gross Scheduled Income	46800
Expense: Other	1200
Gross Adjusted Income	46800
Total Expenses	6628
Gross Rent Multiplier	12.8
Nwm_Totalmonthlyincome	3900
Vacancy Rate	5

Lot/ Land Details
Site Features	Cable TV, Fenced-Partially, High Speed Internet, Patio

$670K

Range: $603K-$737K

Last 30 days

Rental est.: $1,356/month

• Gross rent multiplier: 36.9

Lower your payment with the loan terms that fit you.

Aug 2024
Public Records
Aug 14, 2024 Sold
$630,000 (+5.0%)
Aug 2024
MLS # 2263391
Aug 14, 2024 Sold
$599,800
Jul 23, 2024 Pending
—
Jul 11, 2024 Listed
$599,800 (+100.6%)
Jun 2019
Public Records
Jun 4, 2019 Sold
$299,000

318 Bedrock Dr
$599K
View Ridge Madison
$284K +5% y/y
98203
$560K -13% y/y
Everett
$519K -12% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
204 Sydney Ln, Everett, WA 98203	$552,000	3/2	1,056	0.05
132 Sydney Ln, Everett, WA 98203	$607,000	3/2	1,542	0.06
6206 W Beech St, Everett, WA 98203	$547,000	2/1	1,064	0.06
312 Sydney Ln, Everett, WA 98203	$530,000	3/1	864	0.06
6023 W Beech St, Everett, WA 98203	$565,000	3/2	834	0.06
6215 Melrose Ave, Everett, WA 98203	$702,000	4/2	1,920	0.07
6205 W Beech St, Everett, WA 98203	$550,000	3/1	1,100	0.07
6017 W Beech St, Everett, WA 98203	$572,000	3/2	834	0.07

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.