2519 Baker AVE, Everett, WA 98201
2519 Baker AVE, Everett, WA 98201
2519 Baker AVE, Everett, WA 98201
33
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Listed by:Opal Blue Real Estate, LLC • Grant Fosheim
$1,150,000
Est. payment /mo
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6 Beds
5 Baths
3,350 SqFt
Active

2519 Baker AVE Everett, WA 98201

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Henry Jamerson

Henry Jamerson

+1(206) 839-6096

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,350 sqft

Price per Sqft $343

Subdivision Riverside

MLS Listing ID 2547331

Style 55 - 5-9 Units

Bedrooms 6

Year Built 1910

Annual Tax Amount $7,348

Lot Size 6,098 Sqft

Property Sub-Type Multi Family

Property Description

Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood, Wood Products

Amenities Available Cable TV, Deck, Fenced-Partially, Patio

View Y/N Yes

View Mountains, Territorial

Roof Type Composition

Building

Lot Description Dead End Street, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Everett

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.youtube.com/watch?v=qu2NDC2G77E

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Local Media
Pets
Public Services & Government

  • Hunan Palace

    2821 Pacific Ave, Everett, WA 98201

    Karaoke Phone: 425-339-3390

  • Pudeli

    2320 California St, Everett, WA 98201

    Delis Phone: 425-257-9288

  • Glacier Lanes Restaurant

    PO Box 2960, Everett, WA 98213

    Phone: 425-347-0202

  • China Doll Restaurant

    3001 Broadway, Everett, WA 98201

    Chinese Phone: 425-259-0284

  • Lew’s BBQ

    2703 Pacific Ave, Everett, WA 98201

    Barbeque Phone: 425-760-6411

  • Twin Foxes

    2718 Hewitt Ave, Everett, WA 98201

    Pizza Phone: 425-249-2299

  • Alfy’s Pizza

    2317 Broadway, Everett, WA 98201

    Pizza Phone: 425-258-9333

  • Skooter’s Tex Mex BBQ

    2201 Everett Ave, Everett, WA 98201

    Barbeque Phone: 206-390-8307

  • Terracotta Red

    2820 Hewitt Ave, Everett, WA 98201

    Asian Fusion Phone: 425-322-5132

  • Jack In The Box

    2106 Everett Ave, Everett, WA 98201

    Fast Food Phone: 425-259-5283

  • Subway

    2715 Hewitt Ave, Everett, WA 98201

    Fast Food Phone: 425-258-2072

  • Express Mexican Grill / Express Rolling Grill

    2719 Hewitt Ave, Everett, WA 98201

    Mexican Phone: 425-273-1341

  • J C Teriyaki

    2116 19th St, Everett, WA 98201

    Japanese Phone: 425-259-1443

  • Tampico Mexican Restaurant

    2303 Broadway, Everett, WA 98201

    Mexican Phone: 425-339-2427

  • T&A Steamed Cheeseburgers

    2201 Everett Ave, Everett, WA 98201

    Food Trucks Phone: 425-508-9139

  • Denny’s

    2903 Pacific Ave, Everett, WA 98201

    American (Traditional) Phone: 425-259-5031

  • Katana

    2818 Hewitt Ave, Everett, WA 98201

    Sushi Bars Phone: 425-512-9361

  • Buck’s American Cafe

    2901 Hewitt Ave, Everett, WA 98201

    American (Traditional) Phone: 425-258-1351

  • Ruen Thai

    1931 Broadway, Everett, WA 98201

    Bubble Tea Phone: 425-259-6406

Educational Environment

Elementary Schools (2)Middle Schools (2)
Name
Category
Grades
Library
Ratio
6/10
Garfield Elementary School
2215 Pine St, Everett, WA 98201
Public
PK - 5
No
STUDENTS/TEACHERS
0/10
Everett Christian School
2221 Cedar St, Everett, WA 98201
Private
PK - 8
No
11:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
7/10
North Middle School
2514 Rainier Ave, Everett, WA 98201
Public
6 - 8
No
STUDENTS/TEACHERS
0/10
Everett Christian School
2221 Cedar St, Everett, WA 98201
Private
PK - 8
No
11:1 STUDENTS/TEACHERS

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