Bought with John L. Scott Snohomish
$657,500
$650,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
5206 S 2nd AVE Everett, WA 98203
4,791 Sqft Lot
Key Details
Sold Price $657,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lowell
MLS Listing ID 2219558
Sold Date 05/22/24
Style 53 - Tri-plex
Year Built 1922
Annual Tax Amount $4,299
Lot Size 4,791 Sqft
Property Description
ATTENTION Owner Occupied or NOO Investors - 6.68% CAP RATE! This is a Commercial Building (Former Hair Salon) with B-2 zoning in the Lowell Neighborhood that is now a Non-Conforming Triplex an FHA ASSUMABLE LOAN w/ 2.75% INTEREST!!! 3 bedroom unit upstairs w/ laundry has been renovated and will be vacant on 4/30 for an immediate opportunity to increase rent/income and owner occupy or choose your tenant! There are two 1 bedroom units on the lower level + shared laundry for those two units. Future use could include your business with great storefront space on ground level and ample parking. Commuters dream with easy access to public transit, I-5, Hwy 9, & Boeing. Just down the street from Lowell Riverfront Trail and Parks!
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
Amenities Available Cable TV, Deck, High Speed Internet, Patio
View Y/N No
Roof Type Composition
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Everett
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157