2922 Hoyt Ave , 1-15

    Everett, WA 98201
    • $749,000
    • STATUS: Pending
    • ON SITE: 124 days
    • ID#: 1230110
    Under Contract
    $749,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,805
      SQFT
    • $156
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1898
    County:

    School Information

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

    Description

    Lentzy Apartments-value-add opportunity- 2 buildings-13 units, and a duplex. Unit breakdown 5-1 bed/1bath,10 Studios. Duplex units have W/D hookups, 3 parking-garage spaces ,Pitched Metal Roof & Electric forced air, new sprinkler system,updated plumbing/electrical, secured entry. Priced under $50k per unit, Buy & Hold for cash flow while securing market rent or fix/flip for a potential 20% profit. Sold 100% vacant for ease of renovation and turnover,As-is offers,Laundry in basement,B3 Zoning.

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    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 Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-23T00:17:10.353.

    www.resg.com/homes/80069067

    2922 Hoyt Ave , 1-15 Everett, WA 98201

    • Price: $749,000
    • Status: Pending
    • ID#: 1230110
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,805
    SQFT
    $156
    $/SQFT
    1898
    Built
    Neighborhood:
    Downtown
    County:
    Snohomish
    Area:
    Everett/Mukilteo
    Elementary School:
    Buyer To Verify
    Middle School:
    Buyer To Verify
    High School:
    Everett High
    School District:
    Everett
    Property Description
    Lentzy Apartments-value-add opportunity- 2 buildings-13 units, and a duplex. Unit breakdown 5-1 bed/1bath,10 Studios. Duplex units have W/D hookups, 3 parking-garage spaces ,Pitched Metal Roof & Electric forced air, new sprinkler system,updated plumbing/electrical, secured entry. Priced under $50k per unit, Buy & Hold for cash flow while securing market rent or fix/flip for a potential 20% profit. Sold 100% vacant for ease of renovation and turnover,As-is offers,Laundry in basement,B3 Zoning.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 3 Lot Details AlleyPaved StreetSidewalk Roof Metal Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 3 Uncovered Spaces 0 View CityMountainTerritorial

    Interior Features

    Floor Covering Laminate HardwoodVinyl Heating And Cooling Forced AirWall Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 285 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 275 Unit2 Washer Dryer N Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 550 Unit3 Washer Dryer N Unit4 Bathrooms 1.00 Unit4 Bedrooms 0 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 265 Unit4 Washer Dryer N Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 255 Unit5 Washer Dryer N Unit6 Bathrooms 1.00 Unit6 Bedrooms 0 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 300 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities BasementCoin Op LaundryFire SprinklersStorage Bank Owned No Cap Rate 11.25 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Exempt General Zoning Classification Multi-FamilySee Remarks Gross Adjusted Income 141090 Gross Rent Multiplier 5 Gross Scheduled Income 148516 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 4500 Leased Items None Lot Number 26&27 Net Operating Income 89178 New Construction YN No Other Expenses 24052 Possession Closing Power Company Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Everett Site Features Fenced-FullySprinkler System Tax Amount 6965 Tax Year 2018 Terms Cash OutConventionalRehab Loan Third Party Approval Required Other - See Remarks Total Expenses EXP 51912 Total Expenses TEX 51912 Total Monthly Income 12376 Unit1 Monthly Rent 650 Unit2 Monthly Rent 650 Unit3 Monthly Rent 900 Unit4 Monthly Rent 650 Unit5 Monthly Rent 700 Unit6 Monthly Rent 700 Vacancy Rate 5 Water Company Everett Water Sewer Garbage 16395 Water Source Public

    Listing information © 2018 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 Real Estate Solutions Group - NWRE LLC 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 Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-23T00:17:10.353.

     
    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of Sterling Johnston Real Estate.