Listed by Windermere Real Estate Midtown, Bought with Real Broker LLC
NOT LISTED FOR SALE
5 Beds
5 Baths
3,651 Sq Ft
2,178 Sq Ft Lot

Last Sold July 16, 2019

Last sale price $610,000 $167 Per Sq Ft

3 Days on Market

Highlights

  • Mountain View
  • High Speed Internet
  • Wall to Wall Carpet
  • Thermal Windows
  • Wood Siding

About This Home

As of July 2019

Incredible investment opportunity in downtown Everett. 5 unit multi-family building with 7.2% cap rate + new "Urban Mixed" commercial zoning. Tons of development/use opportunities. Well maintained by owner/operator for 18 years, featuring newer roof + insulation & windows. Great location in burgeoning Everett near approved "Riverfront" development. 84 Walkscore, close to Everett Station, freeways. Quality tenants. More photos avail.

Last Agent to Sell the Property

Amber Eckert

Windermere Real Estate Midtown License #87960 Listed on: 05/30/2019

Windermere Real Estate Midtown

Last Buyer's Agent

Chelsea Shapiro

Real Broker LLC License #132443

Real Broker LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1465734

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,086

Year Built

  • Built in 1925

Lot Details

  • 2,178 Sq Ft Lot
  • Property is in good condition

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,651 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Mountain Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Community Details

  • Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00593665700101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,086

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1925
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 3651
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Business, Commercial, Multi-Family, Office, Retail, See Remarks
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate Tile, Laminate Hardwood
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • ParkingUncoveredSpaces: 0

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
  • PowerCompany: Sno County PUD
  • SewerCompany: City of Everett
  • WaterCompany: City of Everett
  • WaterSewerGarbage: 2774

Schools

  • Junior High Dist: Everett

Lot Info

  • Parcel Number: 00593665700101
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,High Speed Internet
  • MLSLotSizeSource: SCR
  • ZoningJurisdiction: City
  • ZoningClass: Business,Commercial,Multi-Family,Office,Retail,See Remarks

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric, Natural Gas

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: Water Tank
  • TotalMonthlyIncome: 4500

Multi Family

  • Gross Scheduled Income: 54000
  • Net Operating Income: 43768
  • Number Of Units Total: 5
  • Electric Expense: 200
  • Insurance Expense: 1500
  • Leasable Area: 3500
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2019
  • Tax Annual Amount: 5086

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2019 07/16/19 Sold $610,000 +1.7% $167 / Sq Ft
06/02/2019 06/02/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $599,900 -- $164 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1465734

Northwest Multiple Listing Service (NWMLS)

APN: 00593665700101