Active · Residential Income

2515 Oakes Ave , Everett, WA 98201

Everett, WA 98201

$569,999

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Kelly Right RE of Seattle LLC · MLS #2476036 · Active

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About this property

Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, with the upper level divided into 3 studio units (they share a bathroom). All units have individual kitchens. Updated building & units with strong cash flow—currently grossing $5,210/mo ($65,680/year) and approx. 9.37 % cap rate. Unit 1 fully remodeled with modern interior; Unit 5 carpet replaced 2 years ago. New coin-op laundry and water heater. Unit 1, 4 left vacant for potential owner-occupancy/upgrade to drive up value—only unit available for showing. Great in-city location with easy access to Everett CC, hospitals, shops, cafes, and freeways. Loyal long-term tenants, rent below market.

Property details

Property type: Multi Family
Year built: 1904
Lot size: 4,356 sq ft
Association dues: $0 · frequency not provided
Parking spaces: 0
School district: Everett

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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