by RH Advisors

See Home Value
Listed by: Travis Kannier, Westlake Associates, Inc., 206-505-9400, Listing Courtesy of NWMLS
$875,000
Multifamily - Off Market

2023 Colby Avenue

Everett, WA 98201
bedrooms
Studio
bathrooms
0 Bath
$4,855
Estimated Monthly
1.43%
Cap Rate

About This Property

9%+ Cap Rate!!  Located in the heart of Everett's residential Bayside neighborhood, this non-conforming 8 unit offers an active investor a strong cash flow return. The proximity to major employers makes the location very attractive. Four (4) of the five (5) studio units are fully furnished.  Common laundry is on site and coin-operated and the garage could be rented out for additional income. Freshly painted in 2023 and roof is roughly 3-4 years old.
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$559
HOA Dues
-
Year Built
1910
Last updated: 12 days ago (NWMLS #NWM2186150)

Price History

Date / Event Date Event Price
Jun 12, 2024 No longer available -
No longer available
May 17, 2024 Price Decreased $875,000
↓ $25K (2.8%)
Price Decreased
Dec 15, 2023 Listed by Westlake Associates, Inc. $900,000
Listed by Westlake Associates, Inc.
Jul 1, 2021 Sold $745,000
Sold
Jul 14, 2006 Sold to Audrey M Wilde, Ronald Rf W... $485,000
Sold to Audrey M Wilde, Ronald Rf W...
Show More

Property Highlights

Parking Details
Covered Spaces: 1
Total Number of Parking: 1
Interior Details

Interior Information

Interior Features: Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
Flooring Type: Laminate, Vinyl Plank, Carpet


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
-
$719,849 Nov 17, 2023
$719,849 Apr 15, 2024
$501/mo
Multifamily
Stu
-
-
$995,000 Sep 8, 2023
$995,000 Dec 30, 2023
$372/mo
Multifamily
Stu
-
-
$1,000,000 May 1, 2024
$1,000,000 May 1, 2024
$727/mo
Commercial
Loft
-
-
$825,000 Oct 30, 2023
$825,000 May 14, 2024
$329/mo
House
3 Beds
1 Bath
-
$895,000 Apr 8, 2022
$895,000 May 13, 2022
$408/mo
House
3 Beds
2 Baths
-
$830,000 Apr 10, 2024
$830,000 May 8, 2024
$467/mo
Multifamily
Stu
-
-
$825,000 May 19, 2024
-
$250/mo
Multifamily
Stu
-
-
$925,000 May 31, 2024
-
$404/mo
Multifamily
Stu
-
-
$975,000 May 23, 2024
-
$498/mo
Multifamily
Stu
-
-
$799,950 Mar 19, 2024
-
$381/mo
House
3 Beds
2 Baths
-
$750,000 Jun 5, 2024
-
$451/mo
House
3 Beds
2 Baths
-
$745,000 Jun 6, 2024
-
$411/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200902
09/02/2020
Loft
-
4552 ft²
$800,000
bedrooms
Loft
bathrooms
-
square feet
4552 ft²
$745,000 -6.88%
07/01/2021
-
Joe Platz
Keller Williams - Everett
20050516
05/16/2005
Studio
-
-
$279,950
bedrooms
Studio
bathrooms
-
$279,500 -0.16%
07/09/2005
-
Barbara Lamoureux
Lamoureux Real Estate

Building Info

2023 Colby Avenue 2023 Colby Avenue, Everett, WA 98201
  • 1 Unit for Sale
More about this Building
2023 Colby Avenue
Want to find out who owns 2023 Colby Avenue, Everett, WA 98201? Get detailed property transactions here .

About Bayside


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