9179 Rainbow Lane

    Sedro Woolley, WA 98284
    • $399,990
    • STATUS: Active
    • ON SITE: 19 days
    • ID#: 1577792
    Price Reduced
    UPDATED: 22 min ago
    $399,990
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,764
      SQFT
    • $227
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of John L. Scott Everett.

    Description

    Cash Cow with 6.48% Cap Rate! Building was updated in 2019 with new roof, new siding, new windows, new garage doors, and new attic and crawl space insulation. Unit B was completely remodeled in 2019 with new white painted cabinets, slab granite counters, stainless steel appliances, new plumbing fixtures, refurbished tub, and new carpet. If long term tenant in unit A ever moves that unit will need to be remodeled. Great lot with large yards and tons of parking. Mountain views.

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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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-01T19:16:00.617.

    www.home4investment.com/homes/104119487

    9179 Rainbow Lane Sedro Woolley, WA 98284

    • Price: $399,990
    • Status: Active
    • Updated: 22 min ago
    • ID#: 1577792
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    1,764
    SQFT
    $227
    $/SQFT
    1977
    Built
    Neighborhood:
    Sedro Woolley
    County:
    Skagit
    Area:
    Sedro Woolley
    School District:
    Sedro Woolley
    Property Description
    Cash Cow with 6.48% Cap Rate! Building was updated in 2019 with new roof, new siding, new windows, new garage doors, and new attic and crawl space insulation. Unit B was completely remodeled in 2019 with new white painted cabinets, slab granite counters, stainless steel appliances, new plumbing fixtures, refurbished tub, and new carpet. If long term tenant in unit A ever moves that unit will need to be remodeled. Great lot with large yards and tons of parking. Mountain views.
    Exterior Features

    Building Condition Very Good Carport Spaces 0 Exterior Cement/ConcreteWoodWood Products Foundation Poured Concrete Garage Spaces 2 Roof Composition Stories In Building 1 Style 52 - Duplex Total Parking Spaces 8 Uncovered Spaces 6

    Interior Features

    Heating And Cooling BaseboardRadiant Unit1 Bathrooms 1.00 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 882 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 882 Unit2 Washer Dryer Y Unit3 Bathrooms 0.00 Unit3 Bedrooms 0 Unit3 Fireplaces 0 Unit3 Sq Ft 0 Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 6.48 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 25947 Gross Rent Multiplier 15 Gross Scheduled Income 30660 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 674 Leased Items None Lot Number 4 Net Operating Income 25947 New Construction YN No Other Expenses 0 Possession Sub. Tenant's Rights Septic Approved For Number Of Bedrooms 0 Sewer Septic Sewer Company Septic Site Features Fenced-Partially Tax Amount 2959 Tax Year 2020 Terms Cash OutConventionalFHAVA Third Party Approval Required None Total Expenses EXP 4713 Total Expenses TEX 4713 Total Monthly Income 2555 Unit1 Monthly Rent 1100 Unit2 Monthly Rent 1455 Unit3 Monthly Rent 0 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 1080 Water Source Public

    Listing information © 2020 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 Ben Kinney Real Estate Team - Keller Williams Western Realty 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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-04-01T19:16:00.617.

     
    Ben Kinney Real Estate Team - Keller Williams Western Realty
    2211 Rimland Drive Suite 124
    Bellingham WA, 98226
    Listing Courtesy of John L. Scott Everett.