3319 Oakes Avenue Unit #1.4, Everett, WA 98201
- $955,000
- 4,557
- SqFt
Listing courtesy of Skyline Properties, Inc.. Selling Office: Keller Williams Realty Bothell.
- Sold Price
- $955,000
- List Price
- $930,000
- Status
- SOLD
- MLS#
- 2404450
- Closing Date
- Oct 28, 2025
- Days on Market
- 12
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 4,557
- Area Total SqFt
- 4557
- Annual Tax Ammount
- 8107
- Lot Size (sq ft)
- 6,098
- Sewer
- Sewer Connected
Property Description
Royal Oakes Fourplex, The current 5.5% cap rate with basic renovations could allow for a cap rate above 8%. Comprising of two -2-bedroom/1.5-bath apartments and two- 2-bedroom/1.75-bath units, this property ensures a reliable, steady cash flow. Recent upgrades to the property include a fully renovated Unit C in 2023, New hot water tanks and the property offers quality features like double pane windows and electric forced air. Residents enjoy large garage parking spaces along with additional street parking and storage space.Durable construction, featuring composite cement lap siding under a cedar shingle roof.Near Amazon,Waterfront Center, Boeing, Minutes to I5,Train and bus.
/u.realgeeks.media/360degreesrealestate/header.png)
Additional Information
- List Date
- 2025-10-16 00:00:00
- Community
- Everett
- Net Operating Income
- $50,755
- Gross Adjusted Income
- $75,653
- Gross Scheduled Income
- $77,197
- Total Monthly Income
- $6,433
- Insurance Expenses
- $1,040
- Water/Sewer/Garbage Expenses
- $10,923
- Gross Rent Multiplier
- 12
- Total Expenses
- $24,898
- Cap Rate
- 5.5
- Vacancy Rate
- 2
- Total Number of Units
- 4
- Unit Name
- 3319
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1910
- View
- Mountain(s), Territorial
- Roof
- Shake
- Site Features
- Cable TV, Deck
- Other Expenses
- 4828
- Energy Source
- Electric
- School District
- Everett
- Elementary School
- Buyer To Verify
- Middle School
- North Mid
- High School
- Everett High
- Total Monthly Income
- $6,433
- Gross Scheduled Income
- $77,197
- Vacancy Rate
- 2
- Gross Adjusted Income
- $75,653
- Tax Year
- 2025
- Insurance Expense
- $1,040
- W/S/G Expenses
- $10,923
- Total Expenses
- $24,898
- Net Operating Income
- $50,755
- Gross Rent Multiplier
- 12
- Cap Rate
- 5.5
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.