3614 Broadway, Everett, WA 98201

$520,000

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Listing courtesy of Champions Real Estate. Selling Office: LS Realty Group.

Sold Price
$520,000
List Price
$560,000
Status
SOLD
MLS#
2345304
Closing Date
May 09, 2025
Days on Market
14
Annual Tax Ammount
4407

Property Description

This Everett Property features Two Separate Buildings in the Prime Broadway Business District! 50 feet of street frontage on Broadway with over 29,600 cars passing by per day! Suite A is a 960 sq ft Office, with four office/rooms, entry/reception area and 1/2 bathroom, newer roof and flooring. Suite B is a historic detached 1-1/2 Story w/Basement Single Family Residence with 3 BR, 2 BA, detached 2-car garage and driveway off alley. Newer interior paint, carpet and LVP flooring. Zoning is Broadway Mixed Use. Tons of potential on this large 6098 square foot lot with great visibility off Broadway and alley access.

Additional Information

Community
Downtown
Building Condition
Fair
Style
60 - Comm Bldg Und 10K
Year Built
1962
# of Assigned Spaces
2
Roof
Composition, Torch Down
Tax Year
2024
Potential Terms
Cash Out
Flooring
Vinyl Plank, Carpet
Driving Directions
From SB I-5, exit to Hwy 529, turns into Broadway. From NB I-5, take the Broadway exit to property on West side of street.
Energy Source
Electric, Natural Gas
Net Operating Income
$31,290
Gross Adjusted Income
$37,800
Gross Scheduled Income
$37,800
Cap Rate
5.59
Total Expenses
$6,510
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.
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