Active · Residential Income

514 124th Place SW #1-4, Everett, WA 98204

Everett, WA 98204

$1,115,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Real Broker LLC · MLS #2577015 · Active

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About this property

Fully leased 1978 four plex. Four identical 2 bedroom, 1 bath units at 892 square feet each, all on 12 month term leases with staggered expirations into 2027.Eleven parking spaces on a 9,583 square foot lot, four of them covered carports with storage, which is close to three spaces per unit. On site coin laundry adds $200 a month on top of rent. Units are separately metered and tenants pay their own electricity and garbage.Two paths to higher income for the next owner. One unit rents $250 a month under the two identical units beside it. Water and sewer are still owner paid while comparable buildings in this pocket already bill it back.Wood frame on poured concrete and slab, two stories, 3,568 square feet. Baseboard and wall heat. Deck, patio, partially fenced, mountain view. Dead end street.Minutes to Interstate 5, the Mariner Park and Ride, and the Boeing Everett campus at Paine Field. Rent roll, leases and expense detail available on request.

Property details

Property type: Multi Family
Year built: 1978
Lot size: 9,583 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $8,757 (2026)
Parking spaces: 11
School district: Mukilteo

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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