Interior Features Wall to Wall Carpet Laminate Tile Laminate Hardwood
Sewer Available
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
Exterior Features Wood
HOA 0
Year Built 1910
Property SubType Multi-Family
Tax Year 2023
County Snohomish
Net Operating Income 79108
Insurance Expense 4495
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Rucker Hill
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions On I-5 N take exit 192 to Broadway. Turn left onto 23rd St. Turn right onto Colby Ave heading north. Site is on the right.
City Everett
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
High School District Everett
Open Parking Spaces 0
Total Units 8
MLS Area 740 - Everett/Mukilteo
Lot Size Square Feet 5663
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name Colby
Listing Terms Cash Out See Remarks
Tax Annual Amount 6703
Electric Expense 0
Fuel Expense 0
Public Remarks 9%+ 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 mak
Leasable Area 2667
Virtual Tour https://my.matterport.com/show/?m=7ikiQZ2gsyK
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Units Below Grade false
Units In Building Total 8
Zoning Class Multi-Family Residential
Water Sewer Garbage 6660
Property Style 55 - 5-9 Units
Cap Rate 8.79