3718 Wetmore Avenue Everett, WA 98201
3718 Wetmore Avenue
Everett, WA 98201
$1,300,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Rare opportunity in a great location! Two structures on one 9500 square foot lot. The single family home was the original structure and was built in 1910. The four-plex was built in 1988 on the south side of the parcel. Alley access with 8 parking spaces. Currently, the property is dramatically under-capitalized. Some clean-up and updating could lead to positive cash flow once fully rented. The financial information provided is mostly hypothetical, but based on conservative market expectations. This is a fantastic "sweat equity" opportunity. Rent all five units or live in the house and have rental income from the 4-plex. It may be permissible to separate the two buildings...buyer to verify to their own satisfaction. Coin operated laundry.
Property Features
Community: Downtown
4-Plex
Cable TV
Fenced-Fully
Gas Available
High Speed Internet
Exterior: Wood
Roof: Composition
Year Built: 1910
2024 Taxes: $9103.00
Buyer Broker Compensation: 2.5%
Listing #: 2388279
Lot Details
Lot Size: 0.22 acres
Paved
Sidewalk
No. of Units: 5
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Coin Op Laundry
Schools
District: Everett
Elem: Jackson Elem
Middle: North Mid
High: Everett High
Call or Email:
Grace Wamwere
What's Near 3718 Wetmore Avenue Everett, WA 98201?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of Windermere Real Estate/M2, LLC
