2515 Oakes Ave Everett , WA 98201

Listing courtesy of Kelly Right RE of Seattle LLC 206-525-5235

Description

6 Beds
3 Baths
1,768 Sqft
4,356 Sqft lot
0.10 Acre lot
Status: Active
MLS#: NWM2405233
Property Type: Single Family Residence
Year Built: 1904
Neighborhood: Everett
Days on Website: 42
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.

Open House

Property Details and Features

Contact an Agent

Adam Morrow

206 949-9467

Similar Properties Nearby