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$1,175,000   Price Analysis
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5001 Graham Way Unit 1-4
Mukilteo, WA 98275
Unknown bed None bath 3,888 SqFt ($302/SqFt)
0.25 acre lot. Built 1977
Listed 2024-05-08, Taxes $7,057
Ⓧ USDA Ineligible
due to price & location

near Mukilteo

6% cap rate with current income and room to improve your profits by raising rents on upcoming leases.

* Sale Pending *

Beautifully upgraded open two bedroom each side townhouse style fur plex in Mukilteo. Updated flooring, countertops, new decks in the back. Close to schools, Boeing, shopping, restaurants and freeways. Dining area, living room with doors that open to deck/patio and lush green back yard. Large pri mary bedroom. Each unit has their own washer/dryer and two parking spots. Lot's of parking on the side of the building. Large private yard for tenants enjoyment. Don't miss out!

This won't last long!


Presented by Nelya Calev at
John L. Scott, Inc.


Property MLS #2233262 from NWMLS

Ceramic Tile
Wall to Wall Carpet
Flooring: Ceramic Tile, Vinyl, Wall to Wall Carpet

Heating Features: Baseboard
Heating Fuel: Electric
Heating: Yes

Wood

Lot Description: Dead End Street, Sidewalk
Lot Size Acres: 0.25
Lot Size Square Feet: 10890

Open Parking Spaces: 10
Open Parking: Yes
Parking Total: 10

View: Territorial
Security Features: FullyFenced

Gross Scheduled Income: 88800
Leasable Area: 3888
Leasable Area Units: Square Feet

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1.5
Total Bathrooms in Unit-2: 1.5
Total Bathrooms in Unit-3: 1.5
Total Bathrooms in Unit-4: 1.5
Unit-1 Description: A
Unit-2 Description: B
Unit-3 Description: C
Unit-4 Description: D
Unit-1 Square Feet: 936
Unit-2 Square Feet: 936
Unit-3 Square Feet: 936
Unit-4 Square Feet: 936
Unit 1 Total Actual Rent: 1900
Unit 2 Total Actual Rent: 1850
Unit 3 Total Actual Rent: 1850
Unit 4 Total Actual Rent: 1800

High School District: Mukilteo

Olympic View Middle School is a public middle school located approximately 0.5 miles away.
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Mukilteo Elementary School is a public elementary school located approximately 0.7 miles away.
directions icon Map directions

Kamiak High School is a public high school located approximately 1.5 miles away.
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Harbour Pointe Montessori School is a private elementary school located approximately 1.1 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 7058
Source Listing Status: Pending
Country Region: US
County: Snohomish
Cap Rate: 6
Directions: From I-5, Take WA-526 W/Boeing Freeway, left on 84th St SW, Right on Graham Way.
Tax Year: 2023
Other Expense: 2100
Source Property Type: Multi-Family
Insurance Expense: 2300
Area: 740 - Everett/Mukilteo
List Development Name: Mukilteo
Source Neighborhood: Mukilteo
Parcel Number: 00482000000300
Street Suffix Modifier: Way
Subdivision: Mukilteo
Source System Name: C2C
Buyer Agent Commission: 2.5

YearAssessments
Building + Land
Total
Tax
2023$520,300 + $330,700
$851,000
$7,057
2022$409,100 + $330,700
$739,800
$7,150
2021$409,100 + $330,700
$739,800
$6,462
2020$163,900 + $496,100
$660,000
$5,524
2019$332,500 + $315,500
$648,000
$5,314
2018$350,900 + $287,100
$638,000
$6,019
2017$383,000 + $149,000
$532,000
$4,848
2016$332,000 + $144,000
$476,000
$4,369
2015$248,000 + $140,000
$388,000
$3,955
2014$224,000 + $140,000
$364,000
$3,685
2013$209,000 + $155,000
$364,000
$3,945
2012$205,000 + $167,000
$372,000
$4,038
2011$247,000 + $185,000
$432,000
$4,285
2010$295,000 + $205,000
$500,000
$4,234
2009$295,000 + $205,000
$500,000
$3,877
2008$271,000 + $189,000
$460,000
$3,648

Listed 2024-05-08
$1,175,000
NWMLS
Listing removed 2017-02-08
$1,295
AppfolioUnits
Price Changed for rent 2017-01-18
$1,295
AppfolioUnits
Listed for rent 2016-12-27
$1,395
AppfolioUnits
Sold 2015-12-10
$545,000
Public Record
Sold 1977-12-01
$105,000
Public Record

Net Operating Income: 69794
Operating Expense: 19006

Power Production Type: Electric
Sewer: Sewer Connected

Building Area Total: 3888
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Living Area Units: Square Feet
Property Age: 47
Roof: Composition
Building Total Stories: 2
Structure Type: Quadruplex
House Style: 4-Plex
Elevation Units: Feet
Year Built Effective: 1977
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.