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Sold on 04/29/2005
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3124 Colby, Everett, WA 98201

  • $2,186,000

    Last sold 04/29/2005 for $850K

  • —

    bed

  • —

    bath

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About 3124 Colby

Property type House
Neighborhood
Year built 1939
HOA fee $0/month
Lot size 8,276 Sqft
Movoto estimate
Property description
Nice 12 unit building perched atop Colby Ave. with great views (East to the mountains and West overlooks Puget Sound). All twelve apartments are 1-bed/1-bath and rent for $550 to $600.Parking earns an additional $600/mo. Turn-key building:re-wired, re-plumbed, newer roof, vinyl siding and windows. Next door to new high-rise apts renting from $850...Be a part of the Everett downtown renaissance. Future office building R-5 zone w/ BC overlay
Listed by
Listing Agent - Greg Thody
Listing Office - Windermere Real Estate North
Source: NWMLS mls logo
MLS#25030011 • last updated 1 year ago
Movoto checked NWMLS for data 16 minutes ago
Overview
Levels/Style Multi Family
MLS # 25030011
SubType Multi-Family
Type Residential Income
Status Sold
Lot Size (SqFt) 8276
Lot Size (Acres) 0.19
Property Tax 7286
Year Built 1939
Buying Office Phone 425-745-2400
HOA Fee Annually, 0
Interior
Exterior
Foundation Poured Concrete
Roof Cedar Shake
# Open Parking Spaces 5
# Covered Spaces 5
# Carport Spaces 4
# Parking Spaces 14
# Uncovered Spaces 5
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected
Water Public
Power Production: Type Electric
HOA Amenities Basement, Coin Op Laundry, Thermal Windows
Location
County Snohomish
Subdivision Everett
Area 740 - Everett/Mukilteo
High School District Everett
APN 4391736002000
Directions Great West Colby Location. Should You Need Help Finding This Building...we Really Should Talk
Zoning Business, Multi-Family
Multifamily Details
Net Operating Income 69089
Capitalization Rate 6.9
Expense: Insurance 4081
Expense: Electricity 562
Gross Scheduled Income 95280
Gross Adjusted Income 85752
Total Expenses 16663
Gross Rent Multiplier 10
Nwm_Totalmonthlyincome 7940
Vacancy Rate 10
Lot/ Land Details
Site Features Gas Available
$2.18M
Range: $1.44M-$2.92M
Last 30 days 
Rental est.: $1,103/month
Gross rent multiplier: 64.2
Powered By Movoto
  • Mar 2012
    Public Records
  • Mar 26, 2012 Sold
    $840,280 (-1.1%)
  • Apr 2005
    mls logo MLS # 25030011
  • Apr 29, 2005 Sold
    $850,000 (-15.0%)
  • Mar 4, 2005 Listed
    $1,000,000
  • 3124 Colby
    $850K
  • Port Gardner
    $549K -18% y/y
  • 98201
    $525K -12% y/y
  • Everett
    $525K -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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