Great Build & Hold Opportunity! Permits Previously Approved! Ready to Build 17 units! Earn as you build. Market Rent NOI: $75,420. There is room to remodel units and increase market rents! Purchase includes 3 parcels: Townhouse style 4 - Plex, 1 Bedroom House and a vacant lot zoned R4. Completed you'll have a total of 21 Units in Thriving & growing Everett just blocks from new Waterfront development! Great access to I-5, Shops & Restaurants. Cascades, valley and river views. New Roof, some units and home have been lightly remodeled. Welcome!
Last Agent to Sell the Property
DMD Real Estate License #25015394 Listed on: 02/02/2021
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 1722297
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Est. Annual Taxes
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Listing and Financial Details
$1,550,000
Seize this incredible turn key investment opportunity with this well-maintained 4-plex town home style property with a strong rental history and room for increasing income. Situated in a high-demand area, this fully occupied 4-plex is ideal whether you’re looking to expand your portfolio or live in one unit while renting the others.Has an excellent return on investment. 4 spacious units 2 bedroom
Ilir Budo Larson Real Estate
$1,396,000
Extra Large 5589sf Four Plex with a single, long term tenant. Annual income of $84,000 and tenant pays all utilities. 5.3% cap. Three units with two bedrooms and one unit with three bedrooms. Each unit has two baths. Shared laundry room on site. Tenant maintains the laundry and handles most simple repairs. Easy to own and easy to manage.
Steve Morrow Next Horizon Realty
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/04/2021 11/04/21 | Sold | $1,350,000 | -1.8% | $359 / Sq Ft |
| 10/03/2021 10/03/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | Price Changed | $1,375,000 | -8.0% | $365 / Sq Ft |
| 06/17/2021 06/17/21 | Price Changed | $1,495,000 | -20.3% | $397 / Sq Ft |
| 04/23/2021 04/23/21 | Price Changed | $1,875,000 | -14.8% | $498 / Sq Ft |
| 02/02/2021 02/02/21 | For Sale | $2,200,000 | +154.3% | $584 / Sq Ft |
| 10/26/2016 10/26/16 | Sold | $865,000 | -3.4% | -- |
| 10/18/2016 10/18/16 | Pending | -- | -- | -- |
| 07/17/2016 07/17/16 | For Sale | $895,000 | -- | -- |
Seller's Agent in 2021
David McDonald
DMD Real Estate
(206) 446-9793
2 in this area
80 Total Sales
Buyer's Agent in 2021
Yma Lopez
Realty One Group Imagine
(425) 241-8636
2 in this area
12 Total Sales
Seller's Agent in 2016
Wendy Pedersen
Every Door Real Estate
(425) 232-4266
1 in this area
29 Total Sales
Seller Co-Listing Agent in 2016
Donna Marshall
Skyline Properties, Inc
(425) 422-0954
1 in this area
40 Total Sales
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 1722297
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