3721 Hoyt Avenue Everett, WA $ 1,750,000
3721 Hoyt Avenue
$ 1,750,000
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3721 Hoyt Avenue

Everett, WA, 98201
$ 1,750,000
Baths0.0 Sq 4,960

Monthly Estimate*

$ 12,224

Listed by Kidder Mathews
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View a Virtual Tour
Studio

Multi-Family Home for sale in Everett, WA

for $1,750,000. This 4,960 square foot home was built in 1987 on a lot size of 0.14.

A great opportunity to own a fully turn key property in Everett! Fully Renovated 5 Unit in the great neighborhood of Port Gardner. A healthy unit mix consisting of four 2x1's all 960 sqft and one 3x2 at 1,160 sqft. There are 8 parking spots with 2 covered and secure entrances to units. Almost $300,000 of capital expenses have been put into the property with top of the line materials. 5 minute drive from DT Everett with several amenities, restaurants, and retail within walking distances. This property offers an immediate return with a cap rate at 5.2% with a market cap rate of 5.8% A solid investment for an investor looking for a turn key property low maintenance property.

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Multi-Family Active

Price

$ 1,750,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,327

Style

5-9 Units

Lot Size

0.14

Year Built

1987

Town/City

Everett

County/Region

Snohomish

MLS | Web ID

2159564

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood
HOA 0
Security Features FullyFenced
Year Built 1987
View City Territorial
Property SubType Multi-Family
Tax Year 2023
County Snohomish
Net Operating Income 90896
Insurance Expense 3501
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Everett
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions 3721 Hoyt Ave Everett WA
City Everett
Buyer Agent Compensation 2
View Y/N Y
Senior Community Y/N N
High School District Everett
Open Parking Spaces 6
Total Units 5
MLS Area 740 - Everett/Mukilteo
Lot Size Square Feet 6098
Waterfront Y/N N
Carport Spaces 2
Carport Y/N N
Street Name Hoyt
Listing Terms Cash Out Conventional
Tax Annual Amount 8327
Electric Expense 2406
Fuel Expense 2406
Property Condition Very Good
Public Remarks A great opportunity to own a fully turn key property in Everett! Fully Renovated 5 Unit in the great neighborhood of Port Gardner. A healthy unit mix consisting of four 2x1's all 960 sqft and one 3x2
Leasable Area 4960
Virtual Tour https://simonandersonteam.com/listings/
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company PUD
Units Below Grade false
Units In Building Total 5
Zoning Class Multi-Family Residential
Water Sewer Garbage 2406
Property Style 55 - 5-9 Units
Cap Rate 5.2
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Interior
Flooring Vinyl Plank Carpet
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Living Area Units Square Feet
Power Production Type Electric
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Exterior
Lot Features Curbs Paved Sidewalk
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 4960
Lot Dimensions 6098
Lot Size Acres 0.14
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Fenced-Partially
Parking Uncovered Spaces 6
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Internal Only
OriginalMLSID NWM2159564
Street Number 1 3721
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* Excluded Features
List By
Winslow Lee

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$12,918
Per Month
95%
5%
0%
Monthly Principal & Interest
$12,224
Monthly Property Taxes
$694
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
256896 Elementary School
256661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/8/2023$1,750,000 Listed Price

Map


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3721 Hoyt Avenue, Everett, WA, 98201 is a Multi-Family Home for sale at $1,750,000 with 4,960 sqft and a lot size of 0.14. 3721 Hoyt Avenue is a studio with 0.0 baths and was built in 1987. The property's zip code is 98201 which is in Everett, WA