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Listed by Blake Investment Advisors
$ 899,000
Est. payment | /mo
6 Beds
4 Baths
0.73 Acres Lot
$ 899,000
Est. payment | /mo
6 Beds
4 Baths
0.73 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Contingent
Purchase Type For Sale
Subdivision Everett
MLS Listing ID 2403948
Style 54 - 4-Plex
Bedrooms 6
Year Built 1901
Annual Tax Amount $8,416
Lot Size 0.730 Acres
Property Sub-Type Multi Family
Property Description
8.45% Renovated Cap Rate | Value-Add Opportunity| Grand Avenue Mansion Fourplex offers a secluded living experience on a 31,799-square-foot lot, shielded from pedestrian traffic and street views. The exterior boasts a fresh coat of paint, a 2017 composition roof, and select units with modern double-paned vinyl windows. The unit mix features 2 two-bedroom units that average 945 square feet and 2 one-bedroom apartments that average 763 square feet. There is also a 1,320-square-foot unfinished basement, currently a communal laundry but plumbed for a potential fifth apartment.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Fireplace false
Exterior
Exterior Feature Wood Products
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Everett
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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Angie Sherman
Licensed REALTOR | Client Consultant