2023 Colby Ave $795,000

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    2023 Colby Ave Everett, WA 98201

    • 0 Beds
    • 0 Baths
    • 3,346 sq.ft.
    • Multi-Family
    Listing# 1525840 | Pending
    Days On Market: 51 4 Views
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    Property Details

    Huge 8.1% Cap Rate! Nicely updated units in high demand area. New Roof, Gutters, Unique top $$ return on 4, fully furnished, units. Turn key 8 units. 4 one bedrooms, 4 studios. Extra income from Garage & Coin Op W/D. Room for some rent increases. Nice area bordering Rucker Hill. Close to all amenities incl. Boeing, Navy Base and Hospital and new Amazon site. Interior inspection with signed P&S. One of best buys in the area.

    • General Features
      • County Snohomish
      • County Snohomish
      • Lot Details Alley, Curbs, Paved Street, Sidewalk
      • Lot Square Footage 5,663
      • Number of Stories 2
      • Number of Units 8
      • Selling Office Commission 2.5
      • Site Features Cable TV, Gas Available, Patio
      • Style 55-5-9 Units
      • Year Built 1910
    • Building Features
      • Roof Compostion
      • Exterior Wood
      • Amenities Basement, Coin Op Laundry, Storage, Thermal Windows
      • Approx SqFt 3,346
      • Floor Covering Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $6,705
      • Net Operating Income $63,829
      • Gross Scheduled Income $80,460
      • Gross Adjusted Income $79,656
      • Total Expenses $15,827
      • Other Expenses $4,273
      • Insurance Expenses $2,500
      • Expenses $15,827
      • Heating Expenses $0
      • Electrical Expenses $1,100
      • Gross Rent Multiplier 10
    • Utilities and Taxes
      • Tax Year 2019
      • Tax Amount $5,554
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company Everett Public Utilities
      • Sewer Company Sewer Connected
    • Schools
      • School District Everett
      • Senior High Everett High

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    Neighborhood

    98201 (Everett) Demographics

    38Median Age
    3,803Population Density (per sq. mile)
    34%College Educated
    $46,198 Estimated Median Income
    4,855Estimated Total Home Owners
    7,776Estimated Total Renters
    38% / 62%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    28,437Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $327,000 Median Sales Price
    36 Homes Sold
    0 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $795,000
        11/6/2019 8:32:19 PM Status Changed Source New Value: Pending
        10/17/2019 6:41:22 PM Price Reduced Source New Value: $795,000 -4.1%
        10/17/2019 3:31:23 PM Status Changed Source New Value: Active
        10/12/2019 12:01:23 PM Status Changed Source New Value: Pending
        9/30/2019 4:31:00 PM New in Database Source New Value: $829,000

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        This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.