Call Us: (206) 349-8477

2023 Colby Ave

Everett, WA 98201 View Map $875,000 Schedule a Tour
Sq.Ft.2,667
Year1910
Conor MacEvilly

Conor MacEvilly

(206) 349-8477

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Listing Office

Office:Westlake Associates, Inc.

5-9 units for sale at 2023 Colby Ave Everett, WA 740 - Everett/Mukilteo 98201, MLS#2186150


Status: Active
Property Type:5-9 Units
MLS® #:2186150
Sq. Feet:2,667
Lot Size:0.13 Acres
County:Snohomish
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.

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$000 Monthly Payment
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Detailed Maps

Price Change History

Date Old Price New Price Percent Change
5/17/2024$900,000$875,000-2.8%

Community Information

Address:2023 Colby Ave, Everett, WA 98201
Area:740 - Everett/Mukilteo
County:Snohomish
City:Everett
School District:Everett
Subdivision:Rucker Hill
Zip Code:98201

Architecture

Year Built:1910
Stories:2
Possible Use: Multi-Family, Residential
Building Style: 5-9 Units
Roof: Composition

Features / Amenities

Interior Features: Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
Flooring: Laminate, Vinyl Plank, Carpet
Exterior Features: Wood
Covered Spaces: 1
Parking Total: 1
Heating: Baseboard

Property Features

Lot Size: 0.13 Acres
Sq.Ft. Size: 2667
Lot Sq.Ft. Size: 5663
Sewer: Available
Directions:On I-5 N, take exit 192 to Broadway. Turn left onto 23rd St. Turn right onto Colby Ave heading north. Site is on the right.

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $6,703
Insurance Expense: $4,718
Net Income: $82,861
Listing Terms: Cash Out
Total Monthly Income: $9,523
Net Operating Income: $82,861
Total Expenses: $25,881
Offers: Seller intends to review offers upon receipt
Possession: Closing

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2023 Colby Ave Everett,  WA 98201
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2023 Colby Ave Everett, WA 98201
 
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All listings featuring the icon Board of Realty Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2024. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Listing information last updated on May 23, 2024 at 5:00 AM PST.
The 'On Site' value represents the number of days this listing has been available on this website.