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9919 4th Ave W, Everett, WA 98204

$2,043,000
Last sold 12/28/2018 for $1.48M
—
bed
—
bath
7,624
Sqft ($194/Sqft)

House not for sale

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About 9919 4th Ave W

Property type House

Neighborhood

Year built 1978

HOA fee $0/month

Lot size 0.35 Acre

Movoto estimate

Property description

Amazing Investment opportunity! 11 units - Actual CAP rate 6.2. Great location for commuters and/or Boeing Workers. Easy access to bus lines and blocks from the newly renovated Everett Mall. There is never a vacancy and an opportunity for rent increases. 7 CAP with current market rents! Tenants are not aware of the sale, please show discretion and do not disturb tenants.

Listed by

Listing Agent - Theresa Neal

Listing Office - RE/MAX Commercial Services

Source: NWMLS

MLS#1385686 • last updated 1 year ago

Movoto checked NWMLS for data 17 minutes ago

Overview
Levels/Style	Multi Family
MLS #	1385686
SubType	Multi-Family
Type	Residential Income
SqFt	7624
Status	Sold
Lot Size (SqFt)	15246
Lot Size (Acres)	0.35
Property Tax	9009
Buying Office	Coldwell Banker Danforth
Year Built	1978
Buying Office Phone	206-971-8800
Condition	Good

Interior

Exterior
Foundation	Poured Concrete
Roof	Flat
# Open Parking Spaces	5
# Covered Spaces	1
# Carport Spaces	12
# Parking Spaces	18
# Uncovered Spaces	5
Exterior Features	Metal/Vinyl

Amenities / Utilities
Sewer/ Septic	Sewer Connected, Everett Utility
Water	Public
Water Company	Everett Utility
Power Company	Snohomish County PUD
Power Production: Type	Electric
HOA Amenities	Coin Op Laundry

Location
County	Snohomish
Subdivision	Everett Mall
Area	740 - Everett/Mukilteo
High School District	Everett
APN	480200701400
Directions	North On Highway 99 Past Everett Mall Way. Take The Next Right On 100th St SW And A Left On 4th Ave W. The Property Is On Your Right.
Zoning	Commercial

Multifamily Details
Net Operating Income	88785
Capitalization Rate	6.2
Expense: Insurance	4700
Expense: Electricity	1500
Gross Scheduled Income	118920
Gross Adjusted Income	115388
Total Expenses	26609
Gross Rent Multiplier	12
Nwm_Totalmonthlyincome	9910
Vacancy Rate	3

$2.04M

Range: $1.43M-$2.65M

Last 30 days

Rental est.: $1,225/month

• Gross rent multiplier: 100.7

Lower your payment with the loan terms that fit you.

Dec 2018
Public Records
Dec 28, 2018 Sold
$1,480,500
Dec 2018
MLS # 1385686
Dec 28, 2018 Sold
$1,480,500 (+3.9%)
Nov 12, 2018 Listed
$1,425,000 (+135.5%)
Apr 2004
Public Records
Apr 19, 2004 Sold
$605,000

9919 4th Ave W
$1.48M
Cascade View
$349K -39% y/y
98204
$410K -21% y/y
Everett
$525K -11% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
9805 4th Ave W, Everett, WA 98204	$592,000	2/1	768	0.09
245 99th Pl Sw, Everett, WA 98204	$670,000	3/2	1,638	0.1
241 99th Pl Sw, Everett, WA 98204	$655,000	3/2	1,638	0.11
221 99th Pl Sw, Everett, WA 98204	$600,000	3/2	1,066	0.11
237 99th Pl Sw, Everett, WA 98204	$664,000	3/2	1,638	0.11
213 99th Pl Sw, Everett, WA 98204	$602,000	3/2	1,066	0.11
217 99th Pl Sw, Everett, WA 98204	$609,000	3/2	1,048	0.11
225 99th Pl Sw, Everett, WA 98204	$613,000	4/2	1,066	0.12

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