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Listed by Keller Williams Realty Bothell
$4,450,000
Est. payment /mo
40 Beds
22 Baths
0.64 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Everett
MLS Listing ID 2422941
Style 56 - 10+ Units
Bedrooms 40
Year Built 1968
Annual Tax Amount $39,680
Lot Size 0.640 Acres
Property Sub-Type Multi Family
Property Description
Majestic View Apartments, a prime 22-unit investment in Everett, WA, offers a 5.02% cap rate and strong cash flow. This well-maintained complex features mostly spacious 2-bed/1-bath units with private decks and coin-op laundry, attracting quality tenants. Amenities include 7 10x10 storage units, 6 10x30 garage storage units, 9 carport spaces, and 32 additional parking spaces, ensuring low turnover. Located near Boeing, downtown Everett, and I-5.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Flooring Ceramic Tile, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
High Schools Everett High
School District Everett
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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