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Sold on 06/26/2017
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1511 23rd St, Everett, WA 98201

  • $1,520,000

    Last sold 06/26/2017 after 93 Days

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    bed

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    bath

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About 1511 23rd St

Property type House
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 0.38 Acre
Property description
Mixed use property with 10 residential units and4 commercial units. 15 Off-Street Parking spaces. R4 Zoning will allow for apartment building of up to 8 stories. Estimated $4000 per month positive cash flow with seller terms while permitting new 8 story building. Great location at north end of growing Colby Business District. Rents on residential are below market. Some long term tenants.
Listed by
Listing Agent - Brian L. Acey
Listing Office - KW Everett
Source: NWMLS mls logo
MLS#1099125 • last updated 1 year ago
Movoto checked NWMLS for data 10 minutes ago
Overview
Levels/Style Multi Family
MLS # 1099125
SubType Multi-Family
Type Residential Income
Status Sold
Lot Size (SqFt) 16533
Lot Size (Acres) 0.3795
Property Tax 16447
Buying Office KW Everett
Year Built 1900
Buying Office Phone 425-212-2007
Condition Average
Interior
Interior Features Forced Air
Exterior
# Open Parking Spaces 15
# Parking Spaces 15
# Uncovered Spaces 15
Amenities / Utilities
Sewer/ Septic Sewer Connected, Everett
Water Public
Water Company Everett
Power Company PUD
Power Production: Type Electric, Natural Gas
Location
County Snohomish
Subdivision Downtown
Area 740 - Everett/Mukilteo
High School District Everett
APN 439148001700
Zoning Commercial, Multi-Family
Multifamily Details
Net Operating Income 150083
Capitalization Rate 9
Expense: Insurance 13600
Expense: Electricity 1524
Gross Scheduled Income 185290
Gross Adjusted Income 181584
Total Expenses 35207
Gross Rent Multiplier 11
Nwm_Totalmonthlyincome 15490
Vacancy Rate 2
Lot/ Land Details
Site Features Cable TV, Gas Available, High Speed Internet, Outbuildings
Rental est.: $1,107/month
Gross rent multiplier: 114.4
Powered By Movoto
  • Jun 2017
    Public Records
  • Jun 27, 2017 Sold
    $1,520,000
  • Jun 2017
    mls logo MLS # 1099125
  • Jun 26, 2017 Sold
    $1,520,000 (-7.9%)
  • Mar 25, 2017 Listed
    $1,650,000 (+0.9%)
  • Dec 2006
    Public Records
  • Dec 29, 2006 Sold
    $1,635,000
  • 1511 23rd St
    $1.52M
  • Bayside
    $472K -23% y/y
  • 98201
    $525K -14% y/y
  • Everett
    $524K -11% y/y
No chart available
Statistics calculated by Movoto
Est. value Bed/bath Sqft mi
1509 23rd St, Everett, WA 98201 $423,300 3/2 1,596 0.02
2229 Hoyt Ave, Everett, WA 98201 $352,200 2/1 1,024 0.03
2227 Hoyt Ave, Everett, WA 98201 $265,100 2/1 680 0.03
2221 Hoyt Ave, Everett, WA 98201 $417,800 2/1 1,087 0.04
2221 Colby Ave, Everett, WA 98201 $469,300 3/1 1,906 0.04
2217 Hoyt Ave, Everett, WA 98201 $508,500 2/1 1,380 0.04
2209 Hoyt Ave, Everett, WA 98201 $479,900 4/1 2,002 0.06
2206 Colby Ave, Everett, WA 98201 $377,500 2/1 1,310 0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.

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8/10
Whittier Elementary School
public Grades PK, K-5
Everett School District
5/10
North Middle School
public Grades 6-8
Everett School District
6/10
Everett High School
public Grades 9-12
Everett School District
Source: GreatSchools.org © 2026. All rights reserved.

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