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(206) 607-2575
Real Estate Company
2210 2212 Colby Avenue, Everett, WA 98204
- $1,395,000
- 4,752
- SqFt
Listing Broker: Kidder Mathews; Dan Swanson; 425-444-6501; dan.swanson@kidder.com
- List Price
- $1,395,000
- Status
- ACTIVE
- MLS#
- 2600743
- Style
- 55 - 5-9 Units
- Finished SqFt
- 4,752
- Area Total SqFt
- 4752
- Annual Tax Ammount
- 9698
- Lot Size (sq ft)
- 7,841
- Sewer
- Sewer Connected
Property Description
Very walkable North Everett location just blocks from downtown’s commercial core and approximately a mile from the Port of Everett’s recently upgraded Waterfront Place. Modern 1986 construction. Desirable unit features including full size washer/dryers, dishwashers, and breakfast bars. 12 off-alley parking spaces. Predictable City of Everett governance. Recent improvements include new roofs (2022), new hot water heaters (2023), updated electrical panels, updated siding and dual-pane vinyl windows, and plumbing upgrades in 6 units. Convenient access to parks, restaurants, and grocery options. Likely income upside potential, as current rents are below market.
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Additional Information
- Community
- North Everett
- Net Operating Income
- $78,006
- Gross Adjusted Income
- $109,260
- Gross Scheduled Income
- $109,260
- Total Monthly Income
- $9,105
- Insurance Expenses
- $4,113
- Water/Sewer/Garbage Expenses
- $9,667
- Gross Rent Multiplier
- 12.8
- Total Expenses
- $31,253
- Cap Rate
- 5.6
- Total Number of Units
- 8
- Unit Name
- 2210 2212
- Potential Terms
- Cash, Conventional
- Year Built
- 1986
- Roof
- Composition
- Other Expenses
- 7775
- Energy Source
- Electric
- School District
- Everett
- Elementary School
- Whittier Elem
- Middle School
- North Mid
- High School
- Everett High
- Total Monthly Income
- $9,105
- Gross Scheduled Income
- $109,260
- Gross Adjusted Income
- $109,260
- Tax Year
- 2026
- Insurance Expense
- $4,113
- W/S/G Expenses
- $9,667
- Total Expenses
- $31,253
- Net Operating Income
- $78,006
- Gross Rent Multiplier
- 12.8
- Cap Rate
- 5.6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.