4701 S 3rd Avenue, Everett, WA 98203
- $920,001
- 3,601
- SqFt
Listing courtesy of Windermere Real Estate M2 LLC. Selling Office: Windermere Real Estate M2 LLC.
- Sold Price
- $920,001
- List Price
- $920,000
- Status
- SOLD
- MLS#
- 2341417
- Closing Date
- Aug 29, 2025
- Days on Market
- 131
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 3,601
- Area Total SqFt
- 3601
- Annual Tax Ammount
- 7122
- Lot Size (sq ft)
- 10,019
- Sewer
- Sewer Connected
Property Description
Triplex in the blossoming Lowell neighborhood! 3 spacious units w/1bd & 2bd layouts. EV CHARGER! Add’l income potential w/3 sheds, 2 secure 2-car garages/shops, & potential coin-operated laundry. Regular maintenance & updates have kept the apartments in good condition. Easy to manage building w/new roof, fresh exterior paint, & low-maintenance vinyl siding. Private decks w/views of the sunrise over Lowell Park & the Snohomish River. Across the street includes playground, walking trails, pickleball & tennis—perfect for active relaxation. Lowell is a blossoming community of East Everett, offering river frontage, beautiful farmland views, & convenient to Funko Field, Golf & Country Club, YMCA, Paine Field, Naval Station & more!
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Additional Information
- List Date
- 2025-04-20 00:00:00
- Community
- Lowell
- Net Operating Income
- $70,893
- Gross Adjusted Income
- $106,332
- Gross Scheduled Income
- $106,332
- Insurance Expenses
- $4,000
- Water/Sewer/Garbage Expenses
- $4,000
- Gross Rent Multiplier
- 9.4
- Total Expenses
- $35,274
- Cap Rate
- 7.12
- Total Number of Units
- 3
- Unit Name
- 4701
- Potential Terms
- Cash Out, Conventional, FHA, See Remarks, State Bond, VA Loan
- Year Built
- 1924
- View
- See Remarks, Territorial
- Roof
- Composition, See Remarks
- Site Features
- High Speed Internet, Outbuildings
- Electric Expenses
- 4000
- Other Expenses
- 12152
- Energy Source
- Electric, Natural Gas, See Remarks
- School District
- Everett
- Gross Scheduled Income
- $106,332
- Gross Adjusted Income
- $106,332
- Tax Year
- 2025
- Insurance Expense
- $4,000
- W/S/G Expenses
- $4,000
- Total Expenses
- $35,274
- Net Operating Income
- $70,893
- Gross Rent Multiplier
- 9.4
- Cap Rate
- 7.12
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.