5416 South 4th Avenue
5416 South 4th Avenue
Everett, WA 98203
$925,000
Price
6
Beds
5
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
Listing provided courtesy of John L. Scott, Inc.
Description
Renovated duplex featuring two units, A & B, offering great income potential. Each unit boasts modern finishes, spacious layouts, and back patios. Prime location with easy access to amenities and commuting corridor. Unit A comprises 1256 sqft with 3 beds and 2.5 baths, featuring brand new carpet, Quartz countertops, high-quality cabinets, stainless steel appliances, new vinyl plank flooring, new paint inside & out, new trim, new doors & handles, light fixtures, new furnaces in both units, and a new...Renovated duplex featuring two units, A & B, offering great income potential. Each unit boasts modern finishes, spacious layouts, and back patios. Prime location with easy access to amenities and commuting corridor. Unit A comprises 1256 sqft with 3 beds and 2.5 baths, featuring brand new carpet, Quartz countertops, high-quality cabinets, stainless steel appliances, new vinyl plank flooring, new paint inside & out, new trim, new doors & handles, light fixtures, new furnaces in both units, and a new 30 year composition roof a few years ago. Unit B mirrors Unit A's layout with same finishes. Strong rental history, and ample parking make this property ideal for investors or homeowners seeking rental income opportunities.
- Listed by Alex Kiel • John L. Scott, Inc.
Property Details for 5416 South 4th Avenue
Community Name
Lowell
School DistrictEverett
ViewMountain(s), Territorial
Number of Assigned Spaces4
Total Covered Parking2
Entry Date05-16-2024
Energy SourceElectric,Propane
SewerSewer Connected
Location
Listing Courtesy of John L. Scott, Inc.![]()
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LISTING UPDATED: 05/29/2024 10:04 AM
Property Details for 5416 South 4th Avenue
| Status | Active |
|---|---|
| MLS # | 2236861 |
| Days on Market | 17 |
| Cumulative Days on Market | 17 |
| Taxes | $6,221 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1999 |
| Lot Size | 0.35 AC / 15,246 SF |
| County | Snohomish County |
Location
Listing Courtesy of John L. Scott, Inc.![]()
Add your commute
Building Information for 5416 South 4th Avenue
Stories2Residences2Year Built1999Building Size-Lot Size0.35 AC / 15,246 SF
Payment Calculator
$5,567 per month
30 year fixed, 7.25% Interest
Principal and Interest
$5,048
Property Taxes
$518
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 5416 South 4th Avenue
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Deck, High Speed Internet, Propane
- Area: 740 - Everett/Mukilteo
- Elementary School: Lowell Elem
- Middle Or Junior School: Evergreen Mid
- High School: Everett High
- Directions: From Colby Ave, turn east on 52nd St SE, go under the underpass, the duplex will be on the right on the corner of 4th Ave.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 2.0
- Open Parking: Yes
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 0
Interior Features
- Fireplaces Total: 0
- Floor Covering: Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked
- Roof: Composition
Property
Utilities
- Water Source: Private
- Water/Sewer/Garbage: 4152
- Power Production Type: Electric, Propane
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 36
Lot Information
- Lot Details: Curbs, Dead End Street, Open Space, Paved, Secluded, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 00500600004702
- Building Condition: Remodeled
- Calculated Square Footage: 0
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 0.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 2
- Number of Stories in Building: 2
- Vacancy Rate: 2
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $2,400
- Total Expenses: 16344
- Gross Adjusted Income: 62400
- Gross Rent Multiplier: 14.8
- Gross Scheduled Income: $62,400
- Insurance Expense: $1,171
- Net Operating Income: $46,056
- Other Expenses: $0
- Total Monthly Income: 4300
- Fuel Expense: $2,400
Unit 1
- Name Unit 1: A
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1256
- Rent Unit 1: $2,150.00
- Bedrooms Unit 1: 3
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 3
Unit 2
- Name Unit 2: B
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1256
- Rent Unit 2: $2,150.00
- Bedrooms Unit 2: 3
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 3
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2512.0
- Leasable Area Units: Square Feet
Property History for 5416 South 4th Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5416 South 4th Avenue
Taxable ValueLand$334,500Additions$374,800Total$709,300
Tax Record2023$5,835 ($486 / month)
Home Facts
Baths5Total Finished SqFt2,512 SqFtAbove Ground SqFt2,512 SqFtStories2Lot Size15,246 SqFtStyleDuplexYear Built1999ZoningFNCountySNOHOMISHAPN00500600004702Fireplace TypeHas Fireplace
Schools near 5416 South 4th 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 - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Lowell Elementary School PublicPK to 5 | ||
Evergreen Middle School Public6 to 8 | ||
Everett High School Public9 to 12 | ||
Everett Reengagement Academy Public9 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 John L. Scott, 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.