2414 Hoyt Ave

    Everett, WA 98201
    • $820,000
    • STATUS: Pending
    • ON SITE: 94 days
    • ID#: 1311382
    Under Contract
    UPDATED: 72 min ago
    $820,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,604
      SQFT
    • $146
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Paragon Real Estate Advisors.

    Description

    16 Unit Rooming House located in the desirable Bayside neighborhood of Everett. The property is located one-minute north of downtown Everett. The property is currently operated as a 16 unit rooming house. The property has development upside with its dense multi-family zoning as well as potential value add opportunities such as raising rents to market and/or renovating units to achieve higher returns.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-18T08:14:40.433.

    www.homesonthesound.com/homes/84698964

    2414 Hoyt Ave Everett, WA 98201

    • Price: $820,000
    • Status: Pending
    • Updated: 72 min ago
    • ID#: 1311382
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,604
    SQFT
    $146
    $/SQFT
    1910
    Built
    Neighborhood:
    Downtown
    County:
    Snohomish
    Area:
    Everett/Mukilteo
    School District:
    Everett
    Property Description
    16 Unit Rooming House located in the desirable Bayside neighborhood of Everett. The property is located one-minute north of downtown Everett. The property is currently operated as a 16 unit rooming house. The property has development upside with its dense multi-family zoning as well as potential value add opportunities such as raising rents to market and/or renovating units to achieve higher returns.
    Exterior Features

    Carport Spaces 0 Exterior WoodWood Products Foundation Poured Concrete Garage Spaces 0 Roof Composition Stories In Building 4 Style 56 - 6-9 Units Total Parking Spaces 6 Uncovered Spaces 6

    Interior Features

    Floor Covering VinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 0.00 Unit1 Bedrooms 1 Unit1 Dishwasher N Unit1 Fireplaces 0 Unit1 Range Oven N Unit1 Refrigerator N Unit1 Sq Ft 350 Unit1 Washer Dryer N Unit2 Bathrooms 0.00 Unit2 Bedrooms 1 Unit2 Dishwasher N Unit2 Fireplaces 0 Unit2 Range Oven N Unit2 Refrigerator N Unit2 Sq Ft 350 Unit2 Washer Dryer N Unit3 Bathrooms 0.00 Unit3 Bedrooms 1 Unit3 Dishwasher N Unit3 Fireplaces 0 Unit3 Range Oven N Unit3 Refrigerator N Unit3 Sq Ft 350 Unit3 Washer Dryer N Unit4 Bathrooms 0.00 Unit4 Bedrooms 1 Unit4 Dishwasher N Unit4 Fireplaces 0 Unit4 Range Oven N Unit4 Refrigerator N Unit4 Sq Ft 350 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 1 Unit5 Dishwasher N Unit5 Fireplaces 0 Unit5 Range Oven N Unit5 Refrigerator N Unit5 Sq Ft 350 Unit5 Washer Dryer N Unit6 Bathrooms 0.00 Unit6 Bedrooms 1 Unit6 Dishwasher N Unit6 Fireplaces 0 Unit6 Range Oven N Unit6 Refrigerator N Unit6 Sq Ft 350 Unit6 Washer Dryer N Units Below Grade N

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 6.40 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 94080 Gross Rent Multiplier 8 Gross Scheduled Income 96000 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 4222 Leased Items None Net Operating Income 52044 New Construction YN No Other Expenses 15000 Possession ClosingSub. Tenant's Rights Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 11378 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 42036 Total Expenses TEX 42036 Total Monthly Income 8000 Unit1 Monthly Rent 475 Unit2 Monthly Rent 725 Unit3 Monthly Rent 475 Unit4 Monthly Rent 475 Unit5 Monthly Rent 475 Unit6 Monthly Rent 475 Vacancy Rate 2 Water Sewer Garbage 11436 Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Homes on the Sound and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Homes on the Sound are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-09-18T08:14:40.433.

     
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