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Everett,WA 98201
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 997 sqft
Price per Sqft $1,539
Subdivision North Everett
MLS Listing ID 2447170
Style 32 - Townhouse
Bedrooms 9
Full Baths 5
Half Baths 2
Construction Status Completed
HOA Fees $42/ann
Year Built 2024
Annual Tax Amount $13,504
Property Sub-Type Condominium
Property Description
Exceptional investment opportunity in Everett! This multi-family property features three condo units; two brand new built in 2024, never lived in, and one updated existing home. The proforma cap rate of almost 5% makes this an ideal addition to your portfolio. This is phenominal for the investor who wants to sell the units individually in the future to maximize their return! The two new units are 3 bedroom/2.5 baths each and include a 1-car attached garage, while the existing 3 bedroom/1 bath home offers solid rental potential. Projected rents: $2,700 per new unit and $2,500 for the existing home. Low maintenance yards and a prime location near downtown Everett, shopping, dining, schools, transit and I-5 make this a truly turnkey investment
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Flooring Vinyl,Carpet
Fireplace false
Appliance Dishwasher(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s)
Exterior
Exterior Feature Wood Products
Garage Spaces 2.0
View Y/N No
Roof Type Composition
Garage Yes
Building
Lot Description Curbs,Paved
Dwelling Type Detached
Story Multi/Split
New Construction Yes
Construction Status Completed
Schools
School District Everett
Others
HOA Fee Include Common Area Maintenance
Senior Community No
Acceptable Financing Cash Out,Conventional,FHA,VA Loan
Listing Terms Cash Out,Conventional,FHA,VA Loan