3410 Colby Ave

    Everett, WA 98201
    • $2,600,000
    • STATUS: Pending Feasibility
    • ON SITE: 13 days
    • ID#: 1600000
    Under Contract
    UPDATED: 60 min ago
    $2,600,000
    • 0
      BEDS
    • 0.41
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,084
      SQFT
    • $215
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1989
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of Windermere Real Estate/East.

    Description

    Rare Investor Opportunity! Immaculate well-maintained 12 unit apartment located near downtown Everett. This turn-key property with two 6-unit buildings situated on 3 parcels. The updated units mix townhouse + flat layouts. 4 units = 1 bed/ 1 bath flats, 4 units = 2 bed/1 bath flats, 4 units = 2 bed/ 2 bath townhouses. 20 bed /16 bath total. All units w/ private laundry! 15 carport parking spots. List price reflects a 5% Cap Rate per market study appraisal report available for prospective buyers.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Icon Real Estate Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-29T20:16:01.477.

    www.iconrealestategroup.com/homes/105898152

    3410 Colby Ave Everett, WA 98201

    • Price: $2,600,000
    • Status: Pending Feasibility
    • Updated: 60 min ago
    • ID#: 1600000
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.41
    Acres
    12,084
    SQFT
    $215
    $/SQFT
    1989
    Built
    Neighborhood:
    Everett
    County:
    Snohomish
    Area:
    Everett/Mukilteo
    Elementary School:
    Jackson Elem
    Middle School:
    North Mid
    High School:
    Everett High
    School District:
    Everett
    Property Description
    Rare Investor Opportunity! Immaculate well-maintained 12 unit apartment located near downtown Everett. This turn-key property with two 6-unit buildings situated on 3 parcels. The updated units mix townhouse + flat layouts. 4 units = 1 bed/ 1 bath flats, 4 units = 2 bed/1 bath flats, 4 units = 2 bed/ 2 bath townhouses. 20 bed /16 bath total. All units w/ private laundry! 15 carport parking spots. List price reflects a 5% Cap Rate per market study appraisal report available for prospective buyers.
    Exterior Features

    Building Condition Very Good Carport Spaces 15 Construction Methods Standard Frame Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details AlleyCurbsPaved StreetSidewalk Lot Dimensions 110X163=17930 Roof Composition Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 15 Uncovered Spaces 0 View Territorial

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling BaseboardInsert Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 728 Unit1 Washer Dryer Y Unit2 Bathrooms 2.00 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 1109 Unit2 Washer Dryer Y Unit3 Bathrooms 2.00 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1109 Unit3 Washer Dryer Y Unit4 Bathrooms 1.00 Unit4 Bedrooms 1 Unit4 Dishwasher Y Unit4 Fireplaces 0 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 762 Unit4 Washer Dryer Y Unit5 Bathrooms 1.00 Unit5 Bedrooms 2 Unit5 Dishwasher Y Unit5 Fireplaces 0 Unit5 Range Oven Y Unit5 Refrigerator Y Unit5 Sq Ft 1326 Unit5 Washer Dryer Y Unit6 Bathrooms 1.00 Unit6 Bedrooms 2 Unit6 Dishwasher Y Unit6 Fireplaces 0 Unit6 Range Oven Y Unit6 Refrigerator Y Unit6 Sq Ft 1149 Unit6 Washer Dryer Y Units Below Grade N

    Property Features

    Amenities Thermal Windows Bank Owned No Cap Rate 5.00 Electrical Expenses 100 Energy Source Electric EPSEnergy 0 Form17 Provided Gross Adjusted Income 207228 Gross Rent Multiplier 13 Gross Scheduled Income 204840 Heating Expenses 1200 Hers Index 0 Home Owner Dues 0 Insurance Expenses 4056 Leased Items None Lot Number 242526 Net Operating Income 129571 New Construction YN No Other Expenses 47478 Possession ClosingNegotiableSub. Tenant's Rights Power Company Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Everett Site Features Cable TVHigh Speed Internet Tax Amount 16105 Tax Year 2020 Terms Cash OutSee Remarks Third Party Approval Required None Total Expenses EXP 77657 Total Expenses TEX 77657 Total Monthly Income 15645 Unit1 Monthly Rent 1295 Unit2 Monthly Rent 1395 Unit3 Monthly Rent 1365 Unit4 Monthly Rent 1150 Unit5 Monthly Rent 1395 Unit6 Monthly Rent 1375 Vacancy Rate 5 Water Company Everett Water Sewer Garbage 12600 Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Icon Real Estate Group and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Icon Real Estate Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-05-29T20:16:01.477.

     
    Icon Real Estate Group
    10216 SE 256th St, Suite #255
    Kent WA, 98030
    Listing Courtesy of Windermere Real Estate/East.