Price Improvement! Incredible value | Rental Duplex | Each unit features 3 bedrooms, 2.5 baths, and an attached 2-car garage | Phenomenal 6.2% CAP Rate. Fantastic opportunity to own a high-yield investment property in South Everett with opportunity for future rental upside. This well-maintained duplex offers stable rental income from long-term tenants in both units. Each unit features a highly desirable floor plan with a main-level primary suite, including a skylit ensuite bath, kitchen open to living and dining, and a skylit half-bath. The lower level includes two additional bedrooms, a full bath, laundry closet, and direct access to the attached side-by-side 2-car garage. Low-maintenance and easy to manage, this property is ideally located near public transit, the public library, shopping, dining, schools, and other everyday amenities. Do not disturb tenants. Showings and inspection after mutual acceptance. Listing Broker is related to and one of the Sellers.
| MLS # | 2531662 |
|---|---|
| Listing Type | For Sale |
| Building Name | Arcadia Gardens |
| Sub-Type | Resale |
| Status | Active |
| Year | 1998 |
| Days On Site | 144 |
| Listing Provided By | WeLakeside | Sukumar Doddala |
| SQ Feet | 2,550 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Multi-Family,Residential |
| Acreage | 0.26 |
| Property View | Yes |
| Property | 5454 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Everett |
| Zip Code | 98204 |
| Area | 740 Everett | Mukilteo |
| Community Name | South Everett |
| School District | Mariner High |
| Elementary School | Challenger Elem |
| High School | Mariner High |
| Listing VS Median (in South Everett) | |
Price: $880,000 low | high Med: $487,000 sqft: 2,550 low | high Med: 1,683 $ / sqft: $345 low | high Med: $293 On site: 144 low | high Med: 24 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Everett |
| Zip Code | 98204 |
| Area | 740 Everett | Mukilteo |
| Community Name | South Everett |
| School District | Mariner High |
| Elementary School | Challenger Elem |
| High School | Mariner High |
| Listing VS Median (in South Everett) | |
Price: $880,000 low | high Med: $487,000 sqft: 2,550 low | high Med: 1,683 $ / sqft: $345 low | high Med: $293 On site: 144 low | high Med: 24 | |