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Listing 1 out of 24
$614,950 Pending Inspection

2927 Federal Ave
Everett, WA 98201

4 units | Multi Family Home
4356 sq ft - MLS# 1391168 Courtesy of John L. Scott, Inc.
Property Photo
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Description

Amazing location providing all the urban amenities within walking distance (walk score 82). This 4-plex now zoned UR, building height limit can go up to 7-11 floors with no max on # of units. With views of the sound and Olympics and a cap rate of 7.6% you don’t want to miss out on this opportunity. Some newer hard-surface updates and plenty of street parking + parking pad in the back off of the alley. Units are separately metered, house includes tenant coin op laundry room too. Solid tenants!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Pending Inspection
  • County/Area: Snohomish County
  • Zip Code: 98201
  • Year Built: 1900
  • School District: Everett
  • Sq.Ft.: 2,944 sq ft
  • Units: 4 units
  • # of Parking Spaces: 8
  • Lot Size: 4356 sq ft
  • View: Bay, Mountain, Partial, Sound
  • Area: Everett
  • Amenities: Coin Op Laundry
  • Area Number: 740
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 2.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bedrooms Unit 1: 2
  • Bedrooms Unit 2: 2
  • Bedrooms Unit 3: 1
  • Bedrooms Unit 4: 1
  • Energy Source(heat): Electric
  • Floor Covering: Vinyl, Wall to Wall Carpet
  • General Zoning Class: See Remarks
  • Gross Adjusted Income: $55581
  • Gross Rent Multiplier: $11
  • Gross Scheduled Income: $56715
  • Heating/Cooling: Forced Air
  • Insurance Expenses: $1148
  • Leased Items: Washer/Dryer
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Net Operating Income: $46440
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 8
  • Other Expenses: $3403
  • Power Company: Snohomish
  • Rent Unit 1: $1265
  • Rent Unit 2: $1420
  • Rent Unit 3: $1110
  • Rent Unit 4: $920
  • Roof: Composition
  • Sewer Company: City Of Everett
  • Site Features: Cable TV, Deck, Fenced-Partially
  • Square Feet Unit 1: 800
  • Square Feet Unit 2: 1100
  • Square Feet Unit 3: 500
  • Square Feet Unit 4: 600
  • Total Expenses: $10275, $10275
  • Total Monthly Income: $4715
  • Vacancy Rate: 2
  • Water Company: City Of Everett
  • Water Source: Public
  • Water/Sewer/Garbage: 1173
Courtesy of John L. Scott, Inc.
©NorthWest MLS 2018. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Real estate listings held by brokerage firms other than Keller Williams Realty Bothell are marked with the BR logo and detailed information about them includes the name of the listing brokers. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on 2018-12-16

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Withers Team of Realtors

Kenmore, WA 98028

Phone: 425-503-5901
team@withers.com

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Alan Withers & Team | (425) 503-5901 | team@withers.com 
Kenmore, WA 98028

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