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Sold on 09/24/2004
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3117 Colby Ave, Everett, WA 98201

  • $561,000

    Last sold 09/24/2004 after 46 Days

  • bed

  • bath

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About 3117 Colby Ave

Property type House
Neighborhood
Year built 1958
HOA fee $0/month
Lot size 5,663 Sqft
Property description
Centrally located downtown Everett. Two buildings, both w/ garages. Peek a view of Puget Sound & Mtns.Excellent condition and location,4 uppr. apts. feature covered decks w/ view east & west.Bldg #1:6 units,3-1/beds & 3-2/beds w/decks. Rear Bldg 2-1/bed, over 4 car garage.Bsmt. garage w/ coin-op.Below market revenue for many years. Be a part of the Evt renaissance.Pro-forma:6-garages $450, 5-1/beds $625, 3-2/beds$725,$50 coin -op.Annual gross (12x$5,800.)$69,600. Pro-forma CAP=8.27
Listed by
Listing Agent - Greg Thody
Listing Office - Windermere Real Estate North
Source: NWMLS mls logo
MLS#24111556 • last updated 1 year ago
Movoto checked NWMLS for data 8 minutes ago
Overview
Levels/Style Multi Family
MLS # 24111556
SubType Multi-Family
Type Residential Income
Status Sold
Lot Size (SqFt) 5663
Lot Size (Acres) 0.13
Property Tax 4885
Buying Office Windermere Real Estate North
Year Built 1958
Buying Office Phone 425-776-1119
HOA Fee Annually, 0
Condition Average
Interior
Interior Features Wall To Wall Carpet
Exterior
Foundation Poured Concrete
Roof Built-Up
# Open Parking Spaces 4
# Covered Spaces 4
# Parking Spaces 8
# Uncovered Spaces 4
Amenities / Utilities
Sewer/ Septic Sewer Connected, Everett City
Water Company Everett City
Power Company P.U.D.
Power Production: Type Electric
HOA Amenities Coin Op Laundry
Location
County Snohomish
Area 740 - Everett/Mukilteo
High School District Everett
APN 439173700800
Directions Do Not Disturb The Tenants
Zoning Multi-Family, Office, Retail
Multifamily Details
Net Operating Income 35817
Capitalization Rate 5.96
Expense: Insurance 3000
Expense: Electricity 720
Gross Scheduled Income 49560
Gross Adjusted Income 47082
Total Expenses 11265
Gross Rent Multiplier 12
Nwm_Totalmonthlyincome 4135
Lot/ Land Details
Site Features Cable TV
We are not permitted to show value estimates for this property.
Powered By Movoto
  • Sep 2004
    mls logo MLS # 24111556
  • Sep 24, 2004 Sold
    $561,000 (-6.5%)
  • Aug 9, 2004 Listed
    $599,950
  • 3117 Colby Ave
    $561K
  • Port Gardner
    $525K -21% y/y
  • 98201
    $524K -12% y/y
  • Everett
    $524K -14% y/y
No chart available
Statistics calculated by Movoto

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7/10
Jackson 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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