*Email Brokers to schedule tour 10/6/2023 11AM-2PM* 2601 Oakes Ave offers residents a 95 walk score with ample access to downtown Everett and local commuting/transportation routes. The opportunity presents a projected 21%+ upside on base rents through further renovations equating to a $338/mo per unit lift. The potential to convert the corner building to a SFR house makes this a perfect owner-occupied investment, or live in one apartment and rent the remaining three. Additionally, the R-4 zoning designation could offer a future assemblage/redevelopment opportunity. With nearly $129,000 spent on CAP Ex in the last two years including electrical, the asset is in great condition and can be viewed as a light value-add or turnkey investment.
Sold
Zillow last checked:
Listing updated:
Bought with:
Baron Sum-Sing Quan, 115726
Kelly Right RE of Seattle LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2161588
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2023 | Sold | $995,000$261/sqft |
Source:  NWMLS as distributed by MLS GRID #2161588 Report a problem | ||
| 11/8/2023 | Pending sale | $995,000$261/sqft |
Source: NWMLS as distributed by MLS GRID #2161588 Report a problem | ||
| 9/13/2023 | Listed for sale | $995,000+180.3%$261/sqft |
Source: NWMLS as distributed by MLS GRID #2161588 Report a problem | ||
| 6/13/2003 | Sold | $355,000$93/sqft |
Source: NWMLS as distributed by MLS GRID #23035307 Report a problem | ||
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Estimated market value
$985,600
