2515 Oakes Ave, Everett, WA 98201

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Courtesy of Kelly Right RE of Seattle LLC

List Price
$569,999
Status
ACTIVE
Days on Market
97
MLS#
2476036
Subtype
Residential Income
Style
53 - Tri-plex
Year Built
1904
Living Area
1,768
Lot Size
4,356
Acres
0.10
Subdivision
Everett
Neighborhood
Everett
MLS Area Major
Everett/Mukilteo

Property Description

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.

Additional Information

Exterior Features
Wood
Property Description
53 - Tri-plex
Flooring
Laminate, Carpet
Heating
Baseboard
Air Conditioning
None
Roof
Composition
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
View
City
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