2601 Walnut Street

Everett, WA 98201

$927,500
Last Sold Price
8
Beds
4
Baths
2,124 Sq. Ft.
$437 / Sq. Ft.
2,124
Sq. Ft.
$437
per Sq. Ft.

Description

Charming fourplex in central Everett area, larger corner lot with six parking spaces. Close proximity to I-5 and HWY 2. Five large self-storage units, nice patio and backyard space! A great value-add opportunity for an investor to make improvements to the units and push rents further and high cash-flowing property. Storage Unit A is rented for $250, B is rented for $200, C is rented for $200, D is rented for $150, E is rented for $150Charming fourplex in central Everett area, larger corner lot with six parking spaces. Close proximity to I-5 and HWY 2. Five large self-storage units, nice patio and backyard space! A great value-add opportunity for an investor to make improvements to the units and push rents further and high cash-flowing property. Storage Unit A is rented for $250, B is rented for $200, C is rented for $200, D is rented for $150, E is rented for $150
  1. Listed by Michael Urquhart • Paragon Real Estate Advisors
  2. Listed by Brian D. Platt • Paragon Real Estate Advisors

Property Details for 2601 Walnut Street

Community Name
Everett
School District
Everett
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
05-19-2022
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By Skyline Properties, Inc.

Add your commute
LISTING UPDATED: 06/30/2022 09:01 AM

Property Details for 2601 Walnut Street

StatusSold
MLS #1937415
Days on Market18
Cumulative Days on Market18
Taxes$4,376 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1905
Lot Size0.16 AC / 6,970 SF
CountySnohomish County

Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By Skyline Properties, Inc.

Add your commute

Building Information for 2601 Walnut Street

Stories2Residences4Year Built1905Building Size-Lot Size0.16 AC / 6,970 SF

Payment Calculator

$5,426 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,062

Property Taxes

$365

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2601 Walnut Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 740 - Everett/Mukilteo
  • Directions: From I-5 N, take exit 193, left onto Pacific Ave, right onto Maple St, right onto Everett Ave, Left onto Walnut St, property is on the right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2022
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Features: Forced Air
  • Fireplace: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Heating and Cooling: Forced Air
  • Water/Sewer/Garbage: 4842
  • Power Production Type: Electric
  • Utilities: Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 18
Lot Information
  • Lot Size Source: Snohomish County
  • Parcel Number Free Text: 00467300201800
  • Calculated Square Footage: 2124
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2124.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 4
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 15808
  • Gross Adjusted Income: 77520
  • Gross Rent Multiplier: 11.6
  • Gross Scheduled Income: $81,600
  • Insurance Expense: $1,080
  • Net Operating Income: $61,712
  • Other Expenses: $5,510
  • Total Monthly Income: 6800
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: false
  • Square Feet Unit 1: 531
  • Rent Unit 1: $1,350.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 531
  • Rent Unit 2: $1,500.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 531
  • Rent Unit 3: $1,500.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: false
  • Square Feet Unit 4: 531
  • Rent Unit 4: $1,350.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2124.0
  • Leasable Area Units: Square Feet

Property History for 2601 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2601 Walnut Street

Taxable ValueLand$197,700Additions$280,300Total$478,000
Tax Record2022$4,376 ($365 / month)
Home Facts
Baths4Total Finished SqFt2,124 SqFtAbove Ground SqFt2,124 SqFtStories2Lot Size6,970 SqFtStyleQuadraplexYear Built1905ZoningR-2CountySNOHOMISHAPN00467300201800

Schools near 2601 Walnut Street

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
Garfield 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 Paragon Real Estate Advisors

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.