2424 Rucker AVE #1-10 Active

Everett,WA 98201

$ 2899000

14 Beds

10 Baths

9200 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,200 sqft

Price per Sqft $315

Subdivision Everett

MLS Listing ID 2346091

Style 56 - 10+ Units

Bedrooms 14

Year Built 1969

Annual Tax Amount $18,052

Lot Size 9,148 Sqft

Property Sub-Type Multi-Family

Property Description

Bayside offers investors the chance to acquire an attractive, light value-add property with substantial upside through further renovations. Currently, 7/10 units have been lightly renovated and 3/10 remain untouched. Renovations include some countertops being replaced, LVP flooring, stainless appliances, paint, fixtures, and hardware. One unit has laundry added, while the remaining nine utilize the shared facility on the lower level of the building. There is an estimated $341/mo + per unit upside achievable through further renovations. For investors who believe location matters, Rucker Ave. is often considered one of the best apartment rental locations in Everett due to the areas strong underlying economic fundamentals & demographics.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Laminate,Carpet

Exterior

Exterior Feature Brick,Cement/Concrete

View Y/N Yes

View Bay

Roof Type Flat

Building

Lot Description Paved

Sewer Available

Water Public

New Construction No

Schools

School District Everett

Others

Acceptable Financing Cash Out,Conventional,Rehab Loan

Listing Terms Cash Out,Conventional,Rehab Loan

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