3113 Oakes Avenue, Everett, WA 98201

$740,000
2,180
SqFt

Listing courtesy of COMPASS.

List Price
$740,000
Status
ACTIVE
MLS#
2289153
Days on Market
27
Style
52 - Duplex
Building Condition
Remodeled
Finished SqFt
2,180
Area Total SqFt
2180
Annual Tax Ammount
4930
Lot Size (sq ft)
3,049
Sewer
Sewer Connected

Property Description

Incredible opportunity awaits in this turn-key investment property in the heart of Everett. Stripped down to the studs with a full remodel completed in 2022, this Port Gardner Charmer has quartz countertops, easy-care luxury vinyl plank flooring, new cabinets, stainless steel appliances, and new washer/dryers. The main floor (unit A) features two bedrooms, one bath and back deck with beautiful territorial and mountain views, and upstairs (Unit B) features three bedrooms and one bath with more views! Strong income potential as a short-term or long-term rental, or flexible MU zoning allows this home to be used as an office or commercial space. Easy access to transit (train, bus and I-5), events arena, restaurants, shops and the hospital.

Additional Information

List Date
2024-09-12 17:22:10
Community
Everett
Net Operating Income
$47,608
Gross Adjusted Income
$61,200
Gross Scheduled Income
$61,200
Total Monthly Income
$5,100
Insurance Expenses
$1,164
Water/Sewer/Garbage Expenses
$1,466
Gross Rent Multiplier
12.09
Total Expenses
$13,592
Cap Rate
6.43
Total Number of Units
3
Unit Name
3113
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
1901
View
Mountain(s), River, Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, Patio, RV Parking
Electric Expenses
3416
Other Expenses
2456
Energy Source
Electric
School District
Everett
Elementary School
Jackson Elem
Middle School
North Mid
High School
Everett High
Total Monthly Income
$5,100
Gross Scheduled Income
$61,200
Gross Adjusted Income
$61,200
Tax Year
2024
Insurance Expense
$1,164
W/S/G Expenses
$1,466
Total Expenses
$13,592
Net Operating Income
$47,608
Gross Rent Multiplier
12.09
Cap Rate
6.43
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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