2108 Colby Avenue, Everett, WA 98201
- $600,000
- 1,540
- SqFt
Listing courtesy of Real Property Associates. Selling Office: Keller Williams North Seattle.
- Sold Price
- $600,000
- List Price
- $529,000
- Status
- SOLD
- MLS#
- 2340284
- Closing Date
- Mar 21, 2025
- Days on Market
- 2
- Style
- 52 - Duplex
- Building Condition
- Average
- Finished SqFt
- 1,540
- Area Total SqFt
- 1540
- Annual Tax Ammount
- 3555.48
- Internet Provider
- Frontier
- Lot Size (sq ft)
- 2,614
- Sewer
- Sewer Connected
Property Description
Attention, savvy investors! Unlock the door to immediate cash flow, long-term equity growth, and unparalleled potential with this prime duplex in Everett. Nestled in the heart of North Everett’s vibrant Bayside neighborhood, this 1,540-square-foot, two-unit property is a rare gem that blends turnkey income with strategic upside—perfect for the discerning investor looking to maximize returns in Washington State’s thriving real estate market. Priced to sell, this duplex is your ticket to financial success in a city poised for continued growth. The duplex’s solid bones and desirable location invite value-add opportunities that can skyrocket your investment. Downstairs unit is vacant and upstairs is month to month starting early May.
/u.realgeeks.media/360degreesrealestate/header.png)
Additional Information
- List Date
- 2025-03-19 00:00:00
- Community
- Everett
- Net Operating Income
- $31,760
- Gross Adjusted Income
- $37,200
- Gross Scheduled Income
- $37,200
- Total Monthly Income
- $3,100
- Insurance Expenses
- $1,885
- Gross Rent Multiplier
- 16.66
- Total Expenses
- $5,440
- Cap Rate
- 6
- Total Number of Units
- 2
- Unit Name
- 2108
- Potential Terms
- Cash Out, Conventional, FHA
- Year Built
- 1901
- View
- City, Partial
- Roof
- Composition
- Site Features
- Deck, Fenced-Fully, Gas Available, Patio
- Energy Source
- Electric, Natural Gas
- School District
- Everett
- Elementary School
- Whittier Elem
- Middle School
- North Mid
- High School
- Everett High
- Total Monthly Income
- $3,100
- Gross Scheduled Income
- $37,200
- Gross Adjusted Income
- $37,200
- Tax Year
- 2024
- Insurance Expense
- $1,885
- Total Expenses
- $5,440
- Net Operating Income
- $31,760
- Gross Rent Multiplier
- 16.66
- Cap Rate
- 6
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.