$2,200,000

3323 Oakes Avenue #1-12, Everett, WA 98201

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1980
  • Property Lot Size Icon0.28acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 days ago

Property Description

This listing courtesy of Donna Marshall, Skyline Properties, Inc.

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.

Listing Status:
Active
Listing Office:
Skyline Properties, Inc. : 206-522-3400
Listing Agent:
Donna Marshall : 206-522-3400
MLS ID:
2407341
  • Flooring: HardwoodVinylCarpet
  • A/C: None
  • Heating: BaseboardRadiant
  • Fireplace: Fireplaces: 0

This listing courtesy of Donna Marshall, Skyline Properties, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Port Gardner

3516 Rucker Ave, Everett, WA, 98201

Grades KG-12

0.42 miles away

N

North Middle School

2514 Rainier Ave, Everett, WA, 98201

Grades 6-8

0.77 miles away

P

Port Gardner

3516 Rucker Ave, Everett, WA, 98201

Grades KG-12

0.42 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.