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$1,195,000
2547568 MLS ACTIVE Status
Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$389,950
2 Beds 1 Baths 2546850 MLS ACTIVE Status
Carib House Condo with that AMAZING Westerly view & a large balcony to sit & enjoy it from! This is a must see! Facing West gives you incredible views of the Puget Sound, Olympic Mtns, Whidbey Island & amazing sunsets. This updated unit offers incredible natural light throughout with 2 spacious bedrooms, the large updated ensuite bathroom has full bathtub, separate 3/4 shower & quartz counters, the kitchen & dining area has a nice big window allowing an abundance of natural light & opens nicely into the generous sized living room & large balcony. This is a fully sprinklered, well maintained, fully accessible, secure building. 6 units have assigned parking stalls in the secure garage with elevator access from the garage to the unit, making for easy, well lit & friendly unit access. Stay dry, warm & secure whether you're coming & going all year round. The rest of the units are outdoor, carport parking only. There is also a large community lounge area across the hall from this unit with a kitchenette & bathroom for entertaining &/or meetings & also offers beautiful views of the Puget Sound & Everett Waterfront. HOA covers water, sewer, recycling, garbage & exterior maintenance. Walking distance to Downtown Everett & the new amazing Waterfront District. Close to amenities, shopping, restaurants, medical facilities & the Everett Naval Base.

2619 Rucker Avenue Unit #6, Everett

Listing courtesy of CENTURY 21 North Homes Realty.

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