Bought with Century 21 Northwest
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Key Details
Sold Price $1,195,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,276 sqft
Price per Sqft $364
Subdivision Riverside
MLS Listing ID 1878390
Sold Date 04/01/22
Style 55 - 5-9 Units
Year Built 1901
Annual Tax Amount $6,258
Lot Size 6,098 Sqft
Property Description
Historic 6-unit complex is located in the Riverside neighborhood of North Everett. It is on a corner lot of a street lined with single family homes yet just blocks from Downtown Everett and all the amenities that surround the area. The building is also located just minutes away from HWY 2 Trestle and an onramp to I-5 making it a great location for commuters. (2) triplexes located on a single 6,098 square foot tax parcel. Priced at a 6.3% Cap Rate on current rents with potential to raise to 8+ Cap Rate with improvements and rent raises. 3 units have washer, dryer and dishwasher in the unit. 2 units remodeled (2021). Sewer line new (2017). Interior viewings available 1/28 from 2-3p and 1/31 from 12-1p. Call your buyer's agent to schedule.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Interior Features Laminate Hardwood, Wall to Wall Carpet
Flooring Laminate, Vinyl Plank, Carpet
Fireplace No
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Cable Connected, Sewer Connected, Electric
Amenities Available Cable TV, Deck
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Corner Lot, Curbs, Open Space, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools North Mid
High Schools Everett High
School District Everett
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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