2601 Rucker Avenue, Everett, WA 98201
- $1,380,000
- 5,645
- SqFt
Listing courtesy of Best Choice Realty LLC. Selling Office: Best Choice Realty LLC.
- Sold Price
- $1,380,000
- List Price
- $1,500,000
- Status
- SOLD
- MLS#
- 2413330
- Closing Date
- Nov 07, 2025
- Days on Market
- 8
- Style
- 55 - 5-9 Units
- Building Condition
- Fair
- Finished SqFt
- 5,645
- Area Total SqFt
- 5645
- Annual Tax Ammount
- 9415
- Lot Size (sq ft)
- 6,098
- Sewer
- Sewer Connected
Property Description
Prime Investment Opportunity on Rucker Avenue! This well-maintained 8-unit mixed-use property features 7 fully occupied apartment units plus 1 street-level retail space, offering a rare blend of residential stability and commercial exposure. Located in the vision of Bayside—one of Everett’s most desirable and historic residential neighborhoods, the property enjoys excellent walkability, charm, and long-term rental demand. Most units have been updated with newer appliances, and the building boasts a 0% vacancy rate with current monthly income of $11,550, providing strong, reliable cash flow from day one. Separately metered units, minimal operating costs, and a turnkey setup make this an ideal asset for any investor. AS-IS SALE.
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Additional Information
- List Date
- 2025-10-30 00:00:00
- Community
- Everett
- Net Operating Income
- $123,260
- Gross Adjusted Income
- $123,260
- Gross Scheduled Income
- $138,600
- Total Monthly Income
- $11,550
- Insurance Expenses
- $3,600
- Water/Sewer/Garbage Expenses
- $4,000
- Gross Rent Multiplier
- 10.82
- Total Expenses
- $24,941
- Cap Rate
- 6.25
- Total Number of Units
- 8
- Unit Name
- 2601
- Potential Terms
- Cash Out, Conventional, FHA, USDA Loan, VA Loan
- Year Built
- 1945
- Waterfront
- Yes
- View
- Bay, Canal, City, Sea
- Roof
- Composition
- Electric Expenses
- 1800
- Other Expenses
- 4686
- Energy Source
- Electric, Natural Gas
- School District
- Everett
- Total Monthly Income
- $11,550
- Gross Scheduled Income
- $138,600
- Gross Adjusted Income
- $123,260
- Tax Year
- 2025
- Insurance Expense
- $3,600
- W/S/G Expenses
- $4,000
- Total Expenses
- $24,941
- Net Operating Income
- $123,260
- Gross Rent Multiplier
- 10.82
- Cap Rate
- 6.25
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.