12915 14th Drive SE, Everett, WA 98208

$950,000
2,472
SqFt

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Listing courtesy of Windermere R.E. Shoreline.

List Price
$950,000
Status
ACTIVE
MLS#
2537499
Days on Market
48
Style
52 - Duplex
Finished SqFt
2,472
Area Total SqFt
2472
Annual Tax Ammount
8007
Lot Size (sq ft)
13,504
Sewer
Sewer Connected

Property Description

Updated and maintained duplex offers great investment opportunity in fantastic Silver Lake location! Strong fundamentals. Reliable income. Zero heavy lifting. Mirrored units feature 3 bedrooms, 2.5 bathrooms and over 1300+ sq ft each. Sunny living and dining room, with private deck, and roomy kitchen with tons of storage. Primary bedroom suite features vaulted ceilings, walk-in closet and private bathroom. Attached garage parking for each unit! Each unit metered separately (water/sewer/gas/electric) and tenants cover all utilities. Professionally managed and well maintained for peace of mind. Convenient location near Mill Creek, commuter routes, parks, schools and Paine Field Airport. Reliable tenants. Turnkey investment is waiting for you!

Additional Information

List Date
2026-06-10 17:43:18
Community
Silver Lake
Net Operating Income
$31,907
Gross Adjusted Income
$56,370
Gross Scheduled Income
$56,370
Total Monthly Income
$4,395
Insurance Expenses
$1,608
Gross Rent Multiplier
16
Total Expenses
$13,652
Cap Rate
3.3
Total Number of Units
2
Unit Name
12915
Potential Terms
Cash, Conventional
Year Built
2008
View
Territorial
Roof
Composition
Site Features
Cable TV, Deck, Gas Available
Electric Expenses
3396
Other Expenses
641
Energy Source
Electric, Natural Gas
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,395
Gross Scheduled Income
$56,370
Gross Adjusted Income
$56,370
Tax Year
2025
Insurance Expense
$1,608
Total Expenses
$13,652
Net Operating Income
$31,907
Gross Rent Multiplier
16
Cap Rate
3.3
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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