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Listed by Capstone Commercial
$2,450,000
Est. payment /mo
14 Beds
10 Baths
9,200 SqFt
Contingent
2424 Rucker AVE #1-10 Everett, WA 98201
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Contingent
Purchase Type For Sale
Square Footage 9,200 sqft
Price per Sqft $266
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
Interior Features Laminate
Flooring Laminate, Carpet
Fireplace false
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
Senior Community No
Acceptable Financing Cash Out, Conventional, Rehab Loan
Listing Terms Cash Out, Conventional, Rehab Loan

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