Marketing Description:

8+% Cap Rate!Located in the heart of Everett’s residential Bayside neighborhood, this non-conforming 8 unit offers an active investor a strong cash flow return. The proximity to major employers makes the location very attractive to short-term and long-term renters. Four (4) of the five (5) studio units are fully furnished, perfect for short term business travelers and contract employees. Common laundry is on site and coin-operated and the garage could be rented out for additional income. Freshly painted in 2023 and roof is roughly 3-4 years old. Financing is available from Coastal Bank.