3718 Wetmore AVE, Everett, WA 98201 - MLS#2388279

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Savannah Dahab

savannahdahab@outlook.com +1(425) 614-8485

Listed by Windermere Real Estate M2 LLC

$1,300,000

Est. payment - /mo

11 Beds

5 Baths

4,100 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,100 sqft

Price per Sqft $317

Subdivision Downtown

MLS Listing ID 2388279

Style 54 - 4-Plex

Bedrooms 11

Year Built 1910

Annual Tax Amount $9,103

Lot Size 9,583 Sqft

Property Sub-Type Multi Family

Property Description

Rare opportunity in a great location! Two structures on one 9500 square foot lot. The single family home was the original structure and was built in 1910. The four-plex was built in 1988 on the south side of the parcel. Alley access with 8 parking spaces. Currently, the property is dramatically under-capitalized. Some clean-up and updating could lead to positive cash flow once fully rented. The financial information provided is mostly hypothetical, but based on conservative market expectations. This is a fantastic "sweat equity" opportunity. Rent all five units or live in the house and have rental income from the 4-plex. It may be permissible to separate the two buildings...buyer to verify to their own satisfaction. Coin operated laundry.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Interior Features Laminate

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Cable TV, Fenced-Fully, Gas Available, High Speed Internet

View Y/N No

Roof Type Composition

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Jackson Elem

Middle Schools North Mid

High Schools Everett High

School District Everett

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Savannah Dahab

+1(425) 614-8485

Agent | License ID: 108224

Agent License ID: 108224

3718 Wetmore AVE Everett, WA 98201

Savannah Dahab

Key Details

Location

Interior

Exterior

Building

Schools

Others

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