2515 Oakes Ave Everett WA 98201
$ 620,000
  6   |    3   |    1768 Sq Feet
Listed By: Kelly Right RE of Seattle LLC

Listing ID

#2405233

Property Type

Single Family Residence

County

Snohomish

Neighborhood

Everett

Year Built

1904

Days on website

164

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