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2515 Oakes Ave Everett WA 98201
Price $ 620,000
Listing ID 2405233
Property Type Single Family Residence
County Snohomish
Neighborhood Everett
Beds 6
Baths 3
House Size 1768
Year Built 1904
Days on website 164
Listed By:     Kelly Right RE of Seattle LLC  
Description
Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, Unit 1 & 2 on the first floor are 1b1b, with unit 1 have private laundry. The upper level divided into 3 studio units (share a bathroom private kitchen for each). Updated building & units with strong cash flow—currently grossing $4,850/mo ($58,200/year) and approx. 8% cap rate. Many upgrade and new appliances see additional supplement. Unit 1 fully remodeled with modern interior; New coin-op laundry and water heater. Unit 4, 5 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.
Location
Financial Information
List Price: $ 620000
Taxes: $ 4668
Property Features
Appliances: Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Basement: Unfinished
Exterior Features: Wood
Flooring: Carpet, Vinyl Plank
Interior Or Room Features: Second Kitchen
Levels: Two
Parking Features: Off Street, RV Parking
Roof: Composition
Sewer: Sewer Connected
Structure Type: House
Water Source: Public
MLSAreaMajor: 740 - Everett/Mukilteo
City: Everett
Subdivision Name: Everett
Listed By:     Kelly Right RE of Seattle LLC  206-525-5235
Unit One 1b1b - living room Unit One 1b1b - Kitchen Unit One 1b1b - dining area Unit One 1b1b - bedroom