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
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0BEDS
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0.21ACRES
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0BATHS
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01/2 BATHS
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997SQFT
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$1,540$/SQFT
Listing information ©2025 Northwest MLS. Listing courtesy of KW North Sound.
Mortgage Calculator is provided by BoomTown.
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
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Spokane are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2025-11-11T00:14:28.463. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2025-11-11T00:14:28.463. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.