2515 Oakes Ave new to site Save Request In-Person Tour Request Virtual Tour
Everett,WA 98201
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,768 sqft
Price per Sqft $350
Subdivision Everett
MLS Listing ID 2405233
Style 18 - 2 Stories w/Bsmnt
Bedrooms 6
Full Baths 3
Year Built 1904
Annual Tax Amount $4,668
Lot Size 4,356 Sqft
Property Sub-Type Single Family Residence
Property Description
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.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Flooring Vinyl Plank,Carpet
Exterior
Exterior Feature Wood
Amenities Available RV Parking
View Y/N No
Roof Type Composition
Building
Story Two
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Everett
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional
Virtual Tour https://www.zillow.com/view-3d-home/8de59f6a-7851-4f45-bb18-88d62f7b8d8f