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Listing 14 out of 14
$849,950 For Sale

2023 Colby Ave
Everett, WA 98201

Multi Family Home
5663 sq ft - MLS# 1158377 Courtesy of CENTURY 21 Real Estate Center
Property Photo
1/11

Description

3rd PRICE DROP !! !restored turn of century. huge upside in turn key Apt house. 4 units fully furnished. Great area near all amenities, Hospital, Navy Base etc CAP rate return of 7.08% !! 4 furnished units have Tenants in town on Business Contracts. Rents include all costs on Furnished units incl Wi Fi etc,, Never a vacancy. Nice Interior finish. Quiet neighborhood in city. Walk to all amenities.See. Ron's Rentals on Facebook for more info and pictures. Tenants vetted never late on MO. rents

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Snohomish County
  • Zip Code: 98201
  • Year Built: 1910
  • School District: Everett
  • Sq.Ft.: 3,346 sq ft
  • Garage: 2-Car
  • # of Parking Spaces: 2, 10
  • Lot Size: 5663 sq ft
  • Area: Everett
  • Amenities: Basement, Coin Op Laundry
  • Area Number: 740
  • Bathrooms Unit 1: 1.00
  • Bathrooms Unit 2: 1.00
  • Bathrooms Unit 3: 1.00
  • Bathrooms Unit 4: 1.00
  • Bathrooms Unit 5: 1.00
  • Bathrooms Unit 6: 1.00
  • Bedrooms Unit 1: 1
  • Bedrooms Unit 2: 1
  • Bedrooms Unit 4: 1
  • Bedrooms Unit 5: 1
  • Bedrooms Unit 6: 1
  • Building Condition: Restored
  • Energy Source(heat): Electric
  • Floor Covering: Hardwood, Vinyl, Wall to Wall Carpet
  • Foundation: Slab
  • General Zoning Class: Commercial, Multi-Family, Residential
  • Gross Adjusted Income: $60276
  • Gross Rent Multiplier: $16
  • Gross Scheduled Income: $76560
  • Heating/Cooling: Baseboard
  • Insurance Expenses: $2411
  • Lot Details: Alley, Curbs, Paved Street, Sidewalk
  • Net Operating Income: $60276
  • Number of Stories in Building: 2
  • Number of Uncovered Spaces: 8
  • Other Expenses: $8992
  • Power Company: Pud
  • Rent Unit 1: $890
  • Rent Unit 2: $700
  • Rent Unit 3: $690
  • Rent Unit 4: $1000
  • Rent Unit 5: $775
  • Rent Unit 6: $650
  • Roof: Composition
  • Sewer Company: City
  • Site Features: Cable TV, High Speed Internet, Patio
  • Square Feet Unit 1: 650
  • Square Feet Unit 2: 450
  • Square Feet Unit 3: 300
  • Square Feet Unit 4: 1100
  • Square Feet Unit 5: 800
  • Square Feet Unit 6: 120
  • Total Expenses: $15518, $15518
  • Total Monthly Income: $6380
  • Units Below Grade: Yes
  • Vacancy Rate: 1
  • Water Company: City
  • Water Source: Public
Courtesy of CENTURY 21 Real Estate Center

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