7467 Maxwelton Rd #A & B
Clinton, WA 98236

Sold

Sold for $358,000 on Sep 19, 2016

Description

PRICE REDUCED $30K! Excellent investment opportunity located directly across street from Maxwelton Beach. Sweeping Western view of Useless Bay/Mountains! Duplex, perfect for owner-occupant, rent out one or both units, or for a summer/vacation rental. Garage is 616 sf per Realist- tons of space for storage or workshop. New septic System 2014; shared well system rewired in 2005, well replaced in 2011; roof re-built/insulated 2005. Increased rent projections of $1100 for unit A and $950 for unit B.

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Sold
• Listing Price: $369,500
• County/Area: Island County
• Zip Code: 98236
• Year Built: 1954
• School District: South Whidbey Island
• Sq.Ft.: 1,404 sq ft
• Units: 2 units
• Garage: 1-Car
• # of Parking Spaces: 1, 3
• Lot Size: 11556 sq ft
• View: Mountain, Sound
• Area: Maxwelton
• Amenities: Storage
• Area Number: 811
• Bathrooms Unit 1: 1.00
• Bathrooms Unit 2: 1.00
• Bedrooms Unit 1: 2
• Bedrooms Unit 2: 1
• Building Condition: Good
• Energy Source(heat): Electric
• Floor Covering: Laminate Hardwood, Vinyl, Wall to Wall Carpet
• Foundation: Post & Pillar
• General Zoning Class: Residential
• Gross Adjusted Income: $23616
• Gross Rent Multiplier: $180
• Gross Scheduled Income: $24600
• Heating/Cooling: Wall
• Insurance Expenses: $600
• Lot Details: Paved Street
• Net Operating Income: $15221
• Number of Stories in Building: 2
• Number of Uncovered Spaces: 2
• Other Expenses: $6000
• Power Company: Pse
• Rent Unit 1: $1100
• Rent Unit 2: $950
• Roof: Composition
• Selling Agent:
• Selling Office: John L. Scott Prop. Mngmt
• Sewer Company: Septic
• Site Features: Deck
• Square Feet Unit 1: 854
• Square Feet Unit 2: 550
• Total Expenses: $8395, $8395
• Total Monthly Income: $1750
• Vacancy Rate: 4
• Water Company: Well
• Sold Price: 358000.00
• Sold Date: 2016-09-19 00:00:00