1107 L Avenue, Anacortes, WA 98221

$907,500
2,442
SqFt

Listing courtesy of RE/MAX Gateway.

List Price
$907,500
Status
ACTIVE
MLS#
2214655
Price Change
▼ $11,500 1715364411
Days on Market
47
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,442
Area Total SqFt
2442
Annual Tax Ammount
4440
Lot Size (sq ft)
7,391
Sewer
Sewer Connected

Property Description

Old Town Duplex!!! BOTH UNITS ARE REMODELED! Live in one and rent the other. What a great place to stay after a weekend of boating! 1107- 2 bedrooms 1 bath Remodeled 2014. Vaulted ceilings, large open living room with brick fireplace. Opens to dining area and kitchen w/skylight. New cabinets, granite counters and back splash. Great size laundry! Carport and storage with this unit. 1109 -2 bedroom 1 bath-remodeled 2024 with all new flooring, trim and paint. Awesome large kitchen w/dining area includes new cabinets, quartz counters and all new appliances. Nice size bedrooms and walk-in closet. Sun room and large laundry. Live the dream of Old Town! Just blocks to Cap Sante Marina, downtown shopping, lots of wonderful restaurants!

Additional Information

List Date
2024-04-02 19:12:35
Community
Old Town
Net Operating Income
$38,360
Gross Adjusted Income
$46,200
Gross Scheduled Income
$46,200
Total Monthly Income
$3,850
Insurance Expenses
$1,000
Water/Sewer/Garbage Expenses
$2,400
Total Expenses
$7,840
Cap Rate
4.1
Total Number of Units
2
Unit Name
1107
Potential Terms
Cash Out, Conventional
Year Built
1940
Roof
Flat, Torch Down
Site Features
Cable TV, Deck, Fenced-Partially, RV Parking
Energy Source
Natural Gas
School District
Anacortes
Total Monthly Income
$3,850
Gross Scheduled Income
$46,200
Gross Adjusted Income
$46,200
Tax Year
2024
Insurance Expense
$1,000
W/S/G Expenses
$2,400
Total Expenses
$7,840
Net Operating Income
$38,360
Cap Rate
4.1
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