5206 S 2nd Ave

    Everett, WA 98203
    • $499,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 1579523
    UPDATED: 12 min ago
    $499,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,080
      SQFT
    • $240
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1922
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Downtown Dennis Real Estate.

    Description

    ATTENTION INVESTORS! 6.7% CAP RATE! Fully renovated commercial building with rare B-2 zoning in Lowell neighborhood. Property is currently non-conforming triplex with long term tenants. Spacious 3 bedroom unit upstairs and 2 1 bedroom units below. This property is clean and well cared for, inside and out. Future use could include your business with great storefront space on ground level.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-03-29T14:14:04.52.

    www.costelloteam.com/homes/104251708

    5206 S 2nd Ave Everett, WA 98203

    • Price: $499,000
    • Status: Active
    • Updated: 12 min ago
    • ID#: 1579523
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,080
    SQFT
    $240
    $/SQFT
    1922
    Built
    Neighborhood:
    Lowell
    County:
    Snohomish
    Area:
    Everett/Mukilteo
    School District:
    Everett
    Property Description
    ATTENTION INVESTORS! 6.7% CAP RATE! Fully renovated commercial building with rare B-2 zoning in Lowell neighborhood. Property is currently non-conforming triplex with long term tenants. Spacious 3 bedroom unit upstairs and 2 1 bedroom units below. This property is clean and well cared for, inside and out. Future use could include your business with great storefront space on ground level.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Metal/Vinyl Garage Spaces 0 Lot Details CurbsPaved StreetSidewalk Roof Composition Stories In Building 2 Style 53 - Tri-plex Total Parking Spaces 4 Uncovered Spaces 4 View MountainPartial

    Interior Features

    Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 1080 Unit1 Washer Dryer Y Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Fireplaces 0 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 0 Unit2 Washer Dryer Y Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 0 Unit3 Washer Dryer Y Unit4 Bathrooms 0.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 0 Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 6.70 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification BusinessCommercial Gross Adjusted Income 43800 Gross Rent Multiplier 11 Gross Scheduled Income 43800 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1800 Leased Items None Lot Number 2 Net Operating Income 33508 New Construction YN No Other Expenses 0 Possession ClosingSub. Tenant's Rights Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Site Features Cable TVDeck Tax Amount 3656 Tax Year 2020 Terms Conventional Third Party Approval Required None Total Expenses EXP 10292 Total Expenses TEX 10292 Total Monthly Income 3650 Unit1 Monthly Rent 1500 Unit2 Monthly Rent 1100 Unit3 Monthly Rent 1050 Unit4 Monthly Rent 0 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Sewer Garbage 4838 Water Source Public Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Costello Team | Windermere Real Estate and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Costello Team | Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-03-29T14:14:04.52.

     
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