5206 S 2nd Avenue Everett, WA $ 650,000
5206 S 2nd Avenue
$ 650,000
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5206 S 2nd Avenue

Everett, WA, 98203
$ 650,000
Baths0.0

Monthly Estimate*

$ 4,540

Listed by Keller Williams Realty Bothell
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Studio

Multi-Family Home for sale in Everett, WA

for $650,000. This home was built in 1922 on a lot size of 0.11.

ATTENTION Owner Occupied or NOO Investors - 6.68% CAP RATE! This is a Commercial Building (Former Hair Salon) with B-2 zoning in the Lowell Neighborhood that is now a Non-Conforming Triplex an FHA ASSUMABLE LOAN w/ 2.75% INTEREST!!! 3 bedroom unit upstairs w/ laundry has been renovated and will be vacant on 4/30 for an immediate opportunity to increase rent/income and owner occupy or choose your tenant! There are two 1 bedroom units on the lower level + shared laundry for those two units. Future use could include your business with great storefront space on ground level and ample parking. Commuters dream with easy access to public transit, I-5, Hwy 9, & Boeing. Just down the street from Lowell Riverfront Trail and Parks!

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Multi-Family Pending

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,299

Style

Tri-plex

Lot Size

0.11

Year Built

1922

Town/City

Everett

County/Region

Snohomish

MLS | Web ID

2219558

Features
General
Sewer Sewer Connected
Heating Baseboard Wall Unit(s)
Cooling None
Possession Closing Tenant's Rights
Roof Composition
Exterior Features Metal/Vinyl
HOA 0
Year Built 1922
Property SubType Multi-Family
Tax Year 2023
County Snohomish
Net Operating Income 43438
Insurance Expense 1477
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Lowell
Special Listing Conditions None
Status Pending
Directions I-5 to 41st St exit.Go east on 41st to South 3rd. Right on S 3rd to Junction. Junction becomes S 2nd. Property is on the right.Street parking in front of building.
High School Buyer To Verify
City Everett
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Everett
Open Parking Spaces 4
Total Units 3
MLS Area 740 - Everett/Mukilteo
Lot Size Square Feet 4791
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 2nd
Listing Terms Cash Out Conventional FHA
Elementary School Buyer To Verify
Tax Annual Amount 4299
Electric Expense 1894
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks ATTENTION Owner Occupied or NOO Investors - 6.68% CAP RATE! This is a Commercial Building (Former Hair Salon) with B-2 zoning in the Lowell Neighborhood that is now a Non-Conforming Triplex an FHA AS
Leasable Area 2080
Structure Type Triplex
Building Area Units Square Feet
Standard Status Pending
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 1792
Property Style 53 - Tri-plex
Cap Rate 6.68
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Exterior
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 4
Building Area Total 0
Lot Size Acres 0.11
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Cable TV Deck High Speed Internet Patio
Parking Uncovered Spaces 4
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Interior
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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Internal Only
OriginalMLSID NWM2219558
Street Number 1 5206
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* Excluded Features
List By
Katie Silver

Listing Agent

Keller Williams Realty Bothell

Broker

Affordability Calculator

$4,899
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,540
Monthly Property Taxes
$358
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
3100245 Elementary School
3100082 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$650,000 Listed Price

Map


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5206 S 2nd Avenue, Everett, WA, 98203 is a Multi-Family Home for sale at $650,000 with a lot size of 0.11. 5206 S 2nd Avenue is a studio with 0.0 baths and was built in 1922. The property's zip code is 98203 which is in Everett, WA