3323 Oakes Avenue #1-12 Everett, WA 98201
3323 Oakes Avenue #1-12
Everett, WA 98201
$2,200,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
Built in 1980, Royal Oakes offers an investment opportunity with both immediate cash flow and potential upside through unit renovations. The current4.7% cap rate should stabilize near the 5% range as rents are increased in 2026, basic renovations could allow for a cap rate above 8%. Versatile unit mix of six 2-bedroom/1-bath apartments, two 2-bedroom/2-bath units,and four 1-bedroom/1-bath units, Most with in unit Laundry. Recent upgrades include two roofs replaced five years ago.Amenities including secure building access, private decks, professional landscaping, an elevator for easy accessibility, and two ADA-compliant units.14 garage parking stalls, additional guest parking, ample off-street parking, and two coin-operated laundry rooms.
Watch Virtual Tour #1Property Features
Community: Everett
10+ Units
View: Territorial
Cable TV
Deck
Exterior: Stucco
Roof: Flat
Year Built: 1980
2025 Taxes: $19178.00
Buyer Broker Compensation: 1.5%
Listing #: 2407341
Lot Details
Lot Size: 0.28 acres
Alley
Curbs
Paved
Sidewalk
No. of Units: 12
Watch Virtual Tour #2Interior
Cooling: None
Heating: Radiant, Baseboard
Electric
See Remarks
Common Features
Basement
Coin Op Laundry
Elevator
Storage
Schools
District: Everett
Elem: Buyer To Verify
Middle: North Mid
High: Everett High
Call or Email:
Grace Wamwere
What's Near 3323 Oakes Avenue #1-12 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 Skyline Properties, Inc.
