3502 Norton Ave, Everett, WA 98201

Rare multifamily opportunity in Everett with multiple income streams and strong value-add upside. This offering includes an adjacent 11-unit apartment building (4 stories) and a single-family home (SFR) with private driveway parking and potential for future condo conversion. The apartment building features a mix of SROs (kitchenette + shared bath), studios (2 with exterior entrances), and 1BR units. All units are separately metered. Property highlights include updated plumbing and electrical, historic character, and a distinctive spiral staircase fire escape. The basement contains coin-op laundry and extensive unused space with separate entrance and bathroom, ideal for storage, modernized laundry, office space, or potential unit conversion (subject to permits). Additional income potential from five rentable garages, dedicated parking lot, abundant off-street and street parking, shared playground, and green space. Prime location in a quiet residential neighborhood with easy access to downtown Everett. Perfect for investors seeking stabilized cash flow, value-add improvements, and long-term appreciation.