1123 Wetmore Avenue

Everett, WA 98201

$645,000
Last Sold Price
6
Beds
3
Baths
3,254 Sq. Ft.
$198 / Sq. Ft.
3,254
Sq. Ft.
$198
per Sq. Ft.

Description

This great investment property generates over $50k in rent each year. Duplex/Triplex that has 6 bedrooms and 3 baths on 3 floors. Lots of outdoor space, each floor includes a deck or patio. Large windows bring in great sunlight and show off mountain views. Each unit has an additional 40 sq. ft. storage unit in basement. There is also a larger 200+ sq. ft. storage area available for owner use or to generate additional income. Located in an excellent, friendly neighborhood near great schools (Whittier,...This great investment property generates over $50k in rent each year. Duplex/Triplex that has 6 bedrooms and 3 baths on 3 floors. Lots of outdoor space, each floor includes a deck or patio. Large windows bring in great sunlight and show off mountain views. Each unit has an additional 40 sq. ft. storage unit in basement. There is also a larger 200+ sq. ft. storage area available for owner use or to generate additional income. Located in an excellent, friendly neighborhood near great schools (Whittier, EvCC) and medical facilities. Each unit has one off street parking in the back alley. Shared free laundry on site. New roof 5 years ago and sewer/plumbing was replaced on ground floor.
  1. Listed by Daniel Cantu • The Griffin, Inc.

Property Details for 1123 Wetmore Avenue

Community Name
Everett
School District
Everett
View
Mountain(s), Territorial
Number of Assigned Spaces
3
Total Covered Parking
0
Entry Date
06-24-2022
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of The Griffin, Inc.

Sold By Windermere Real Estate Central

Add your commute
LISTING UPDATED: 08/09/2022 04:46 PM

Property Details for 1123 Wetmore Avenue

StatusSold
MLS #1956302
Days on Market12
Cumulative Days on Market602
Taxes$5,414 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.14 AC / 6,098 SF
CountySnohomish County

Location

Listing Courtesy of The Griffin, Inc.

Sold By Windermere Real Estate Central

Add your commute

Building Information for 1123 Wetmore Avenue

Stories2Residences3Year Built1924Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$3,971 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,520

Property Taxes

$451

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1123 Wetmore Avenue

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Gas Available
  • Area: 740 - Everett/Mukilteo
  • Block: 210
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: From Broadway, go W on 13th, right on Wetmore, home is on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2021
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
  • Features: Ductless HP-Mini Split, Ceramic Tile, Wall to Wall Carpet
  • Amenities: Storage
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Metal/Vinyl, Wood Products
  • Roof: Composition
Property
Utilities
  • Heating and Cooling: Ductless HP-Mini Split
  • Water Source: Public
  • Water/Sewer/Garbage: 3107
  • Power Company: Snohomish PUD
  • Sewer Company: City of Everett
  • Water Company: City of Everett
  • Power Production Type: Electric, Natural Gas
  • Utilities: Cable Connected, Natural Gas Available, Sewer Connected, Electricity Available, Natural Gas Connected
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1924
  • Photos Count: 20
Lot Information
  • Lot Details: Alley, Open Space, Paved, Sidewalk
  • Lot Number: 5 & 6
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 00468621900500
  • Calculated Square Footage: 3254
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3254.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 3
  • Number Of Units Total: 3
  • Units Below Grade: true
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $2,607
  • Total Expenses: 13814
  • Gross Adjusted Income: 47600
  • Gross Rent Multiplier: 14.9
  • Gross Scheduled Income: $48,600
  • Insurance Expense: $1,372
  • Net Operating Income: $33,786
  • Other Expenses: $0
  • Total Monthly Income: 4357
  • Fuel Expense: $1,314
Unit 1
  • Name Unit 1: Upper unit
  • Square Feet Unit 1: 900
  • Rent Unit 1: $1,350.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: Main floor unit
  • Square Feet Unit 2: 2400
  • Rent Unit 2: $1,975.00
  • Bedrooms Unit 2: 3
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: Basement unit
  • Square Feet Unit 3: 800
  • Rent Unit 3: $1,050.00
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3254.0
  • Leasable Area Units: Square Feet

Property History for 1123 Wetmore Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1123 Wetmore Avenue

Taxable ValueLand$289,000Additions$301,600Total$590,600
Tax Record2022$5,407 ($451 / month)
Home Facts
Baths3Total Finished SqFt3,254 SqFtAbove Ground SqFt2,354 SqFtFinished Basement SqFt900 SqFtUnfinished Basement Area1,388 SqFtStories1Lot Size6,098 SqFtStyleTriplexYear Built1924ZoningFNCountySNOHOMISHAPN00468621900500

Schools near 1123 Wetmore Avenue

This home is within Everett School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Whittier Elementary School
PublicPK to 5

North Middle School
Public6 to 8

Everett High School
Public9 to 12

Sno Co Jail
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Griffin, Inc.

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.