1723 100th Place SE, Everett, WA 98208

$1,595,000

Listing courtesy of Champions Real Estate Services.

List Price
$1,595,000
Status
ACTIVE
MLS#
1821037
Price Change
▼ $100,000 1637110996
Days on Market
93

Property Description

Wonderful investment with mostly recession proof main tenant's! Fabulous Office Building location between Costco and Winco. On a private cul-de-sac with good parking and across the street from large day care center. Two story building with multi-tenants *Main floor wheelchair access. Offices overlook the courtyard. Security building for night time/early morning workers, open throughout the day/evening. Adequate parking on site on vast majority of days and ample street parking for rare overflow. Lovely plants, trees and shrubs to be seen in courtyard and parking center. Building/site in very good condition with friendly long term main tenants (Insurance & Real Estate, dental products, therapy, etc). Excellent I-5 Freeway access 3 mins away

Additional Information

Community
Silver Lake
Building Condition
Very Good
Style
73 - Office
Year Built
1986
# of Assigned Spaces
17
Roof
Composition
Tax Year
2020
Potential Terms
Cash Out, Conventional
Interior Features
Wall to Wall Carpet
Flooring
Laminate, Vinyl Plank, Carpet
Driving Directions
From I-5, take Exit 189 (Everett Mall) Head South on 19th St (SR527) until 100th PL SE (Street south of WinCo Stop light), turn right onto 100th, building is on the right at the end of the cul-de-sac.
Heating/Cooling Type
Heat Pump
Electric Expenses
1752
Energy Source
Electric
Net Operating Income
$85,979
Gross Adjusted Income
$105,468
Gross Scheduled Income
$105,468
Water/Sewer/Garbage Expenses
$3,444
Cap Rate
5
Total Expenses
$19,489
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