2820 J Avenue, Anacortes, WA 98221

$849,000
2,394
SqFt

Listing courtesy of American Dream R. E. Services.

List Price
$849,000
Status
ACTIVE
MLS#
2297976
Days on Market
13
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,394
Area Total SqFt
2394
Annual Tax Ammount
5160
Internet Provider
Buyer to Verify
Lot Size (sq ft)
9,000
Sewer
Sewer Connected

Property Description

Here’s a fantastic opportunity to live in one unit and rent out the other, or lease both for maximum income. Entire structure was completely rebuilt in 2022 and features two units, each with their own one-car garage. There’s also a spacious garage/shop on the property that currently is rented out. Offering great potential for increased income. Being remodeled just two years ago, boasting fresh paint outside, new hardwood floors, and an updated kitchen with all new appliances, as well as a new roof. Plus, you’ll enjoy the convenience of an elementary and middle school just a block away, as well as a community pool and gym at the end of the street. Don’t miss out on this incredible investment opportunity!

Additional Information

List Date
2024-10-02 18:34:09
Community
Anacortes
Net Operating Income
$47,640
Gross Adjusted Income
$47,640
Gross Scheduled Income
$52,800
Total Monthly Income
$4,400
Gross Rent Multiplier
17
Total Expenses
$5,160
Cap Rate
5.6
Total Number of Units
2
Unit Name
2820
Potential Terms
Cash Out, Conventional
Year Built
2022
Roof
Composition
Site Features
Outbuildings
Energy Source
Electric, Natural Gas
School District
Anacortes
Elementary School
Buyer To Verify
Middle School
Anacortes Mid
High School
Anacortes High
Total Monthly Income
$4,400
Gross Scheduled Income
$52,800
Gross Adjusted Income
$47,640
Tax Year
2024
Total Expenses
$5,160
Net Operating Income
$47,640
Gross Rent Multiplier
17
Cap Rate
5.6
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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