2023 COLBY AVE
EVERETT, WA 98201

$875,000

N/A Beds

0 Baths

2,667 Sq Ft

Status Active

MLS# 2186150

9%+ Cap Rate!! Located in the heart of Everett’s residential Bayside neighborhood, this non-conforming 8 unit offers an active investor a strong cash flow return. The proximity to major employers makes the location very attractive. Four (4) of the five (5) studio units are fully furnished. Common laundry is on site and coin-operated and the garage could be rented out for additional income. Freshly painted in 2023 and roof is roughly 3-4 years old.

Details for 2023 COLBY AVE

Built in 1910

$328 / Sq Ft

1 parking space

None

Baseboard

157 Days on website

0.13 acres lot

Interior

Flooring

Laminate, Vinyl Plank, Carpet

Interior Features

Laminate Hardwood, Laminate Tile, Wall To Wall Carpet

Living Area

2,667 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1910

Exterior And Lot

Exterior Features

Wood

Lot Size Acres

0.13

Lot Size Square Feet

5663

Lot Size Units

Square Feet

Parking Total

Utilities

Cooling

None

Heating

Baseboard

Area And Schools

City

Everett

County Or Parish

Snohomish

School District

Everett

Subdivision Name

Rucker Hill

Financial Info

Buyer Agency Compensation^*

2.5%

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$6,703.00

Tax Year

2023