702 Talcott Street, Sedro Woolley WA
Great investment property in convenient location! Property offers two beautifully updated units with classic accents throughout. Each unit features newer kitchens, baths, carpet, vinyl, appliances, and fixtures. Living areas feature beautiful trim, crown molding, French doors, and more.
Unit A features 2 bedrooms, 1.5 bath, 1,946sf, office or den, beautiful sunroom with French doors and hand-scraped laminate hardwood floors, arched doorways, and an open living room. Unit B features 2 bedrooms, 1 bath, 731sf.
- Unit A leased for $1,125 per month, begins month-to-month on 9/1/16.
- Unit B will lease for $865 per month starting June 2016.
Offered at $246,000
Current Income: $23,880/year
Net Income: $17,100
Cap Rate 6.95%
Cash-on-Cash Return of 10.43% (based on 20% down financing at 4.5%) with a potential increase to 16.53% annual return with billing for utilities!
Contact Jen Hudson (206) 293-1005 or Jen@HudsonCREG.com