Skip To Content

    7705 Timber Hill Drive

    Everett, WA 98203
    • $928,500
    • STATUS: Sold
    • ON SITE: 38 days
    • ID#: 1765197
    Sold - 06/10/2021
    $928,500
    SOLD - 06/10/2021
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Lamoureux Real Estate.

    Description

    INVESTOR ALERT! Fully occupied Everett 4-plex w/potential to add 4 more units (buyer to verify). Each unit has 2 bds, 1 full bth & approx. 960 sq.ft. of living space. Current rents avg. close to $1,300/month but w/some cosmetic updates they could surely rent for much more! Newer coin-op laundry generates extra monthly income & transfers w/sale. Attached carport for each unit. 1 unit currently M-T-M and 3 in leases w/less than a year remaining. New roof w/in last 2 years, several new windows, recent updates in some units including a whole new kitchen in Unit C. Pre-inspection report provided by request.

    Listing by Chris Lamoureux. Sold by Urban Properties.

    Monthly Payment Calculator



    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-12T14:14:36.693.

    www.recordrre.com/homes/116740637
    Print Image

    7705 Timber Hill Drive Everett, WA 98203

    • Price: $800,000
    • Status: Sold
    • Updated: 1 min ago
    • ID#: 1765197
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    1969
    Built
    Neighborhood:
    Valley View
    County:
    Snohomish
    Area:
    Everett/Mukilteo
    Elementary School:
    Emerson Elem
    Middle School:
    Evergreen Mid
    High School:
    Cascade High
    School District:
    Everett
    Property Description
    INVESTOR ALERT! Fully occupied Everett 4-plex w/potential to add 4 more units (buyer to verify). Each unit has 2 bds, 1 full bth & approx. 960 sq.ft. of living space. Current rents avg. close to $1,300/month but w/some cosmetic updates they could surely rent for much more! Newer coin-op laundry generates extra monthly income & transfers w/sale. Attached carport for each unit. 1 unit currently M-T-M and 3 in leases w/less than a year remaining. New roof w/in last 2 years, several new windows, recent updates in some units including a whole new kitchen in Unit C. Pre-inspection report provided by request.
    Exterior Features

    Carport Spaces 4 Carport YN No Covered Spaces 0 Exterior Features Wood Lot Features AlleyCurbsPavedSidewalk Open Parking Spaces 4 Open Parking YN Yes Parking Total 8 Parking Uncovered Spaces 4 Roof Composition Structure Type Quadruplex Style Code 54 - 4-Plex View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring VinylVinyl PlankCarpet Foundation Details Poured ConcreteSlab Furnished Unfurnished Heating Cooling Type BaseboardWall Heating YN Yes

    Property Features

    Electric Expense 680 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 63300 Insurance Expense 1518 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 41357 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvHigh Speed Internet Special Listing Conditions None Tax Annual Amount 6863 Tax Year 2021 Total Expenses 19411 Units In Building Total 4 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity Available Water Sewer Garbage 4200 Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Engel & Völkers Federal Way and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-12T14:14:36.693.

     
    https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1765197-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1765197-1.jpg https://bt-photos.global.ssl.fastly.net/nwmls/orig_boomver_1_1765197-1.jpg
    Logo
    Engel & Völkers Federal Way
    2012 S. 320th St. Suite A
    Federal Way WA, 98003
    Listing Courtesy of Lamoureux Real Estate.