Bought with John L. Scott, Inc.
$1,350,000
$1,395,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
4,180 SqFt
SOLD DATE : 09/23/2021
Key Details
Sold Price $1,350,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,180 sqft
Price per Sqft $322
Subdivision Riverside
MLS Listing ID 1765219
Sold Date 09/23/21
Style 55 - 5-9 Units
Year Built 1920
Annual Tax Amount $6,576
Lot Size 6,098 Sqft
Property Description
The Chestnut 7-unit is a plug and play, cash-flowing building that has been comprehensively renovated with longevity and durability in mind. Prospective buyers will benefit from the current and future growth of Everett which has multiple large scale development projects intended to attract new high-quality residents and businesses. Additional value may be realized at the building by adding a washer/dryer to the studio unit, creating tenant storage lockers in the detached storage container, and creating communal tenant amenities in the unused adjacent tax parcel to the South which is currently a grass yard.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Interior Features Wall to Wall Carpet
Flooring Engineered Hardwood, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition,Flat
Building
Sewer Sewer Connected
New Construction No
Schools
School District Everett
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.