$1,199,950

3718 Wetmore Avenue, Everett, WA 98201

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

This listing courtesy of Dan Gunderson, Windermere Real Estate M2 LLC

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.

Listing Status:
Pending
Listing Office:
Windermere Real Estate M2 LLC : 425-338-0600
Listing Agent:
Dan Gunderson : 425-338-0600
MLS ID:
2388279

This listing courtesy of Dan Gunderson, Windermere Real Estate M2 LLC

Monthly Payment

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

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Location

Schools Nearby

J

Jackson Elementary School

3700 Federal Ave, Everett, WA, 98201

Grades KG-5

0.51 miles away

N

North Middle School

2514 Rainier Ave, Everett, WA, 98201

Grades 6-8

1.17 miles away

P

Port Gardner

3516 Rucker Ave, Everett, WA, 98201

Grades KG-12

0.31 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.

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