$1,199,950

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3718 Wetmore Avenue Everett, WA, United States 98201

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.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Multifamily
  • Year Built: 1910
  • Built in 1910
  • Home size: 4,100 ft2 / 380.90 m2
  • MLS: 2388279
  • Status: Pending

Property brokered by

Windermere Real Estate Western WA and OR

(206) 526-7730

Get more listing details on brokerage site

Presented by Dan Gunderson

  • (425) 338-0600 (Office Phone)

Contact Dan Gunderson

Contact Agent

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