2023 Colby Avenue, Everett, WA 98201 (MLS # 2186150)
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9%+ Cap Rate!! Located in the heart of Everett's residential Bayside neighborhood, this non-conforming 8 unit offers an active investor a strong cash flow return. The proximity to major employers makes the location very attractive. Four (4) of the five (5) studio units are fully furnished. Common laundry is on site and coin-operated and the garage could be rented out for additional income. Freshly painted in 2023 and roof is roughly 3-4 years old.
| DAYS ON MARKET | 139 | LAST UPDATED | 12/15/2023 |
|---|---|---|---|
| TRACT | Rucker Hill | YEAR BUILT | 1910 |
| COMMUNITY | Rucker Hill | COUNTY | Snohomish |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Everett |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 740 - Everett/Mukilteo |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| INTERIOR | Laminate Hardwood, Laminate Tile, Wall to Wall Carpet |
| LOT | 5663 sq ft |
| STORIES | 2 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Rucker Hill |
| TAXES | 6703 |
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