Bought with Westlake Associates, Inc.
$1,475,000
$1,663,200
11.3%For more information regarding the value of a property, please contact us for a free consultation.
3617 W Mukilteo BLVD Everett, WA 98203
5,940 SqFt
Key Details
Sold Price $1,475,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,940 sqft
Price per Sqft $248
Subdivision Edgewater
MLS Listing ID 1861158
Sold Date 12/17/21
Style 54 - 4-Plex
Year Built 1983
Annual Tax Amount $7,847
Lot Size 0.280 Acres
Property Description
Located on scenic Mukilteo Blvd, the property a rare multi-family property surrounded by upscale homes. Nearby homes on Shore Ave are valued between $1.5-5.0 million. The property is comprised of 2 well-maintained, very large 2-bedroom units at 1,188 square feet, and 2 very large 3-bedroom units at 1,782 square feet, some unit with water views. All apartments come with 2 parking spaces and a storage unit. The building offers investors the unique flexibility to own an income-producing property with the ability to increase cash flow by boosting rents to market rate, or to live in one of the house-sized units, and use the rental income to pay down their mortgage. Pre-inspection available. Rents are under market, listed rents are proforma.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Interior Features Ceramic Tile, Wall to Wall Carpet
Flooring Ceramic Tile, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
Amenities Available Deck
Waterfront No
View Y/N Yes
View Partial, Sound
Roof Type Composition
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Everett
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157