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$1,150,000
2547331 MLS ⋅ ACTIVE Status
Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.

2519 Baker Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$650,000
3 Beds ⋅ 3 Baths ⋅ 2496418 MLS ⋅ ACTIVE Status
Nestled on 5 private acres in Sequim, this stunning 3,204 SF two-story home offers the perfect blend of space, comfort, and Pacific Northwest beauty. Surrounded by towering evergreens and mature trees, the property provides exceptional privacy and a peaceful, park-like setting. Inside, you’ll find three spacious bedrooms plus a dedicated office, ideal for working from home. The thoughtful layout also includes a cozy den, two separate living rooms for entertaining or relaxing, and a versatile workshop space. A beautiful wood-paneled ceiling adds warmth and character, while expansive windows throughout the home flood the interior with natural light and showcase serene views of the surrounding landscape. The circular driveway welcomes you home. The generous lawn offers ample space for outdoor gatherings, recreation, or simply enjoying the quiet beauty of nature. In addition to the main residence, the property features an impressive 1,230 SF detached garage/shop—perfect for hobbies, storage, projects, or extra vehicle space.This exceptional property combines privacy, functionality, and Northwest charm—an ideal retreat just minutes from all that Sequim has to offer. Now offered at a new, improved price, this property features several recent updates that enhance its overall value and appeal. Both the approach to the home and the surrounding grounds have been refreshed and the interior revitalized. These updates must be seen in person to be fully appreciated.

314 Stellar Ridge Lane, Sequim

Listing courtesy of The Agency - Port Townsend.

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