3116 18th Street, Everett, WA 98201
Courtesy of COMPASS
- $1,250,000
- 3,400
- SqFt
- List Price
- $1,250,000
- Status
- ACTIVE
- Days on Market
- 112
- Price Change
- ▼ $48,000 1785992622
- MLS#
- 2529127
- Subtype
- Residential Income
- Style
- 54 - 4-Plex
- Year Built
- 1979
- Living Area
- 3,400
- Lot Size
- 6,098
- Acres
- 0.14
- Subdivision
- Everett
- Neighborhood
- Everett
- MLS Area Major
- Everett/Mukilteo
Property Description
Everett 4 Unit: 6.36% cap rate. All units are 2BD/1BA at 850 SF each (3,400 NRSF) on a 6,098 SF lot. Infrastructure highlights include a 4-year-old roof, copper and ABS plumbing, and GE electrical panels, minimizing near-term cap-ex and providing peace of mind for the incoming investor. Units feature forced air heating, on-site laundry, and two units have back patios. 10 parking spaces (2.5/unit) adds convenience and tenant retention value. Upside available through strategic market rent adjustments as the surrounding Everett market continues to grow — making this an ideal core hold for any investor seeking steady income with long-term appreciation potential.
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Additional Information
- Amenities
- Coin Op Laundry, See Remarks
- Exterior Features
- Wood Products
- Property Description
- 54 - 4-Plex
- Flooring
- Laminate, See Remarks
- Heating
- Baseboard, Forced Air
- Air Conditioning
- None
- Roof
- Composition
- School District
- Everett
- View
- Mountains
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