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Listed by:eXp Realty • Jason Windom

$725,000

Est. payment - /mo

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4 Beds

4 Baths

2,312 SqFt

Active

5113 S 4th AVE Everett, WA 98203

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Henry Jamerson

[email protected] +1(206) 839-6096

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,312 sqft

Price per Sqft $313

Subdivision Lowell

MLS Listing ID 2544459

Style 52 - Duplex

Bedrooms 4

Year Built 1979

Annual Tax Amount $5,037

Lot Size 6,534 Sqft

Property Sub-Type Multi Family

Property Description

Turnkey duplex with side-by-side units in Everett's Lowell neighborhood offering mountain, river, and territorial views in a private, peaceful setting. Each unit features 2 bedrooms, 2 bathrooms, and 1,156 sq ft of thoughtfully designed living space with updated kitchens, private washer and dryer, thermal windows, two private decks, outdoor storage, plus a separate larger storage area below that could be finished or used for hobbies or a workspace. Both long-term tenants are on month-to-month leases, generating $4,050 per month in gross rental income and a 5.61% cap rate based on current rents and operating expenses. The property offers low vacancy history and potential for additional rent upside. Owner occupants can live in one unit while offsetting their mortgage with rental income. Additional parking in the rear accommodates 3 to 4 vehicles with potential RV or boat storage. Unit B will be available August 1st, making this an attractive opportunity for an owner-occupied buyer.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Laminate, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Deck

View Y/N Yes

View Mountains, River, Territorial

Roof Type Composition

Building

Lot Description Paved, Secluded

Sewer Sewer Connected

New Construction No

Schools

Elementary Schools Lowell Elem

Middle Schools Evergreen Mid

High Schools Everett High

School District Everett

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Amenities & Attractions

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Transworld Electric

5208 S 2nd Ave, Everett, WA 98203

Electricians Phone: 425-259-4359
Moon Shadows Landscape Lighting

Everett, WA 98203

Lighting Fixtures & Equipment Phone: 425-259-6969
Allied Waterproofing & Drainage

4231 S 3rd Ave, Everett, WA 98203

Waterproofing Phone: 425-258-1212
United Electric Contractors

5301 S 2nd Ave, Everett, WA 98203

Electricians Phone: 425-252-7811