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Sold on 07/01/2021
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2023 Colby Ave, Everett, WA 98201

  • $936,000

    Last sold 07/01/2021 for $745K

  • —

    bed

  • —

    bath

  • 4,552

    Sqft ($164/Sqft)

House not for sale
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About 2023 Colby Ave

Property type House
Neighborhood
Year built 1910
HOA fee $0/month
Lot size 5,663 Sqft
Movoto estimate
Property description
Calling all real estate investors! Are you a fan of Bigger Pockets? Massive cash flow opportunity w non conforming 8 plex. Five studios & Three one bed units. Four studios w shared bath rent fully furnished w cable, w-ifi & gross lease, are easy to rent. Nestled next to Rucker Hill, a short commute to major employers like Boeing, Naval Station, Providence, Everett Waterfront, ECC, Amazon Distribution & more. Almost no vacancy. 8.8% CAP Additional income from renting garage & coin op laundry.
Listed by
Listing Agent - Joe Platz
Listing Office - KW Everett
Source: NWMLS mls logo
MLS#1651186 • last updated 1 year ago
Movoto checked NWMLS for data 15 minutes ago
Overview
Levels/Style Multi Family
MLS # 1651186
SubType Multi-Family
Type Residential Income
SqFt 4552
Status Sold
Lot Size (SqFt) 5663
Lot Size (Acres) 0.13
Property Tax 5556
Year Built 1910
Buying Office Phone 425-776-1119
Condition Good
Interior
Interior Features Wall To Wall Carpet
Exterior
Foundation Poured Concrete
Roof Composition
Exterior Features Wood
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected, City
Water Public
Water Company City
Power Company PUD
Power Production: Type Electric
HOA Amenities Basement, Coin Op Laundry, Thermal Windows
Location
County Snohomish
Subdivision Historic N Everett
Area 740 - Everett/Mukilteo
Elementary School Hawthorne Elem
Middle School North Mid
High School District Everett
High School Everett High
APN 437042401100
Directions (DO NOT DISTURB TENANTS). Broadway Ave To 19th Go West To Colby Go Right To Property.
Zoning Multi-Family
Multifamily Details
Net Operating Income 66681
Capitalization Rate 8.8
Expense: Insurance 3024
Expense: Electricity 2496
Gross Scheduled Income 86700
Expense: Fuel 480
Expense: Other 3096
Gross Adjusted Income 85833
Total Expenses 19152
Gross Rent Multiplier 11
Nwm_Totalmonthlyincome 6975
Vacancy Rate 1
Lot/ Land Details
Site Features Cable TV, High Speed Internet
$936K
Range: $758K-$1.11M
Last 30 days 
Rental est.: $1,103/month
Gross rent multiplier: 56.3
Powered By Movoto
  • May 2024
    mls logo MLS # 2186150
  • May 17, 2024 Price Change
    $875,000 (-2.8%)
  • Dec 15, 2023 Listed
    $900,000 (+20.8%)
  • Jul 2021
    Public Records
  • Jul 1, 2021 Sold
    $745,000
  • Jul 2021
    mls logo MLS # 1651186
  • Jul 1, 2021 Sold
    $745,000 (-6.9%)
  • Sep 11, 2020 Pending
    —
  • Sep 2, 2020 Listed
    $800,000 (+3.2%)
  • Mar 2020
    mls logo MLS # 1525840
  • Mar 30, 2020 Canceled
    —
  • Dec 23, 2019 Price Change
    $774,950 (-2.5%)
  • Oct 17, 2019 Price Change
    $795,000 (-4.1%)
  • Sep 30, 2019 Listed
    $829,000 (+0.5%)
  • Aug 2018
    mls logo MLS # 1158377
  • Aug 15, 2018 Price Change
    $825,000 (-2.9%)
  • Jul 12, 2018 Price Change
    $849,950 (-2.9%)
  • May 29, 2018 Price Change
    $875,000 (-2.7%)
  • Sep 25, 2017 Price Change
    $899,000 (-3.3%)
  • Jul 10, 2017 Listed
    $929,950 (+60.3%)
  • Aug 2008
    Public Records
  • Aug 19, 2008 Sold
    $580,000 (+19.6%)
  • Jul 2006
    Public Records
  • Jul 14, 2006 Sold
    $485,000 (+73.5%)
  • Jul 2005
    Public Records
  • Jul 8, 2005 Sold
    $279,500 (+30.0%)
  • Jun 2002
    mls logo MLS # 22028355
  • Jun 30, 2002 Expired
    —
  • Mar 6, 2002 Listed
    $215,000
  • 2023 Colby Ave
    $745K
  • Bayside
    $460K -19% y/y
  • 98201
    $525K -12% y/y
  • Everett
    $524K -14% y/y
No chart available
Statistics calculated by Movoto

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4/10
Hawthorne 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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