Interior Features Concrete Laminate Hardwood Wall to Wall Carpet
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling Wall Unit(s)
Possession Closing
Roof Flat
Exterior Features Brick Wood
HOA 0
Year Built 1947
View Territorial
Property SubType Multi-Family
Tax Year 2023
County Snohomish
Net Operating Income 58549
Insurance Expense 5411
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Pinehurst
Possible Use Multi-Family Residential Retail See Remarks
Special Listing Conditions None
Status Active
Directions Corner of Madison Street and Commercial Avenue
City Everett
Buyer Agent Compensation 3
View Y/N Y
Senior Community Y/N N
High School District Everett
Open Parking Spaces 20
Total Units 9
MLS Area 740 - Everett/Mukilteo
Lot Size Square Feet 26572
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Madison
Listing Terms Cash Out
Tax Annual Amount 8332
Electric Expense 1026
Fuel Expense 0
Property Condition Fixer
Public Remarks Instant equity awaits savvy investor at this multiple strategy value-add site. 5% cap with significant upside. Two-story mixed-use building with three 1-bedroom apartments three street-front commerci
Leasable Area 7638
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities See Remarks Storage
Water Company Everett Public Works
Units Below Grade false
Units In Building Total 9
Zoning Class Multi-Family Residential Retail See Remarks
Water Sewer Garbage 3099
Property Style 55 - 5-9 Units
Cap Rate 5.09