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Listing 17 out of 25
$1,899,900 For Sale

809 Mead Ave #1-9
Everson, WA 98247

9 units | Multi Family Home
1.12 acres - MLS# 1371893 Courtesy of Mission Realty, LLC
Property Photo
1/25

Description

Amazing investment - Rare property that you can build an additional triplex on for a total of 12 units. Engineering plans to be included in sale. Each unit is a 3 bedroom 2.5 bath w/ a single car garage. Mini split heat system with a/c on main floor. Higher end finishes in units including granite counters throughout, W/D in each unit. Beautiful layouts. Always rented and low turn over. Property boarders elementary school. Great Community Property. Call today for financial details!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Whatcom County
  • Zip Code: 98247
  • Year Built: 2012
  • School District: Nooksack Valley
  • Elementary School: Everson Elem
  • Middle School: Nooksack Vly Mid
  • High School: Nooksack Vly High
  • Sq.Ft.: 11,736 sq ft
  • Units: 9 units
  • Garage: 4+-Car
  • # of Parking Spaces: 9, 27
  • Lot Size: 1.12 acres
  • Area: Everson
  • Amenities: See Remarks
  • Area Number: 890
  • Bathrooms Unit 1: 2.50
  • Bathrooms Unit 2: 2.50
  • Bathrooms Unit 3: 2.50
  • Bathrooms Unit 4: 2.50
  • Bathrooms Unit 5: 2.50
  • Bathrooms Unit 6: 2.50
  • Bedrooms Unit 1: 3
  • Bedrooms Unit 2: 3
  • Bedrooms Unit 3: 3
  • Bedrooms Unit 4: 3
  • Bedrooms Unit 5: 3
  • Bedrooms Unit 6: 3
  • Building Condition: Good
  • Cap Rate - NOI div LP: 4.59
  • Energy Source(heat): Electric
  • Exterior: Cement Planked
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • Foundation: Poured Concrete
  • General Zoning Class: Multi-Family
  • Gross Adjusted Income: $87097
  • Gross Rent Multiplier: $21
  • Gross Scheduled Income: $137100
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $4000
  • Lot Details: Paved Street
  • Net Operating Income: $87097
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 18
  • Other Expenses: $12400
  • Power Company: Pse
  • Rent Unit 1: $1350
  • Rent Unit 2: $1300
  • Rent Unit 3: $1325
  • Rent Unit 4: $1275
  • Rent Unit 5: $1250
  • Rent Unit 6: $1250
  • Roof: Composition
  • Sewer Company: City Of Everson
  • Site Features: Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Patio
  • Square Feet Unit 1: 1300
  • Square Feet Unit 2: 1300
  • Square Feet Unit 3: 1300
  • Square Feet Unit 4: 1300
  • Square Feet Unit 5: 1300
  • Square Feet Unit 6: 1300
  • Total Expenses: $50003, $50003
  • Total Garage Capacity: 9
  • Total Monthly Income: $11675
  • Water Company: City Of Everson
  • Water/Sewer/Garbage: 15500
Courtesy of Mission Realty, LLC
©NorthWest MLS 2019. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website is provided courtesy of NorthWest MLS. Real estate listings held by brokerage firms other than RE/MAX Whatcom County, Inc. are marked with the three trees logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2019-04-25

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