2210 Grand Avenue, Everett, WA 98201

$1,360,000
3,840
SqFt

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Listing courtesy of K Properties NW. Selling Office: Windermere Real Estate/M2, LLC.

Sold Price
$1,360,000
List Price
$1,350,000
Status
SOLD
MLS#
2470529
Closing Date
Mar 04, 2026
Days on Market
1
Style
54 - 4-Plex
Finished SqFt
3,840
Area Total SqFt
3840
Annual Tax Ammount
7772
Internet Provider
Xfinity
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

Positive cash flow 4-Plex with stunning panoramic sound and mountain views! Incredible investment property with owner occupied opportunity! Meticulously maintained building with 2 bed, 1 bath, 960sf units with large balconies, secure garage parking, storage, and just moments to the Everett waterfront and the heart of downtown. Each unit enjoys the sweeping views of the Puget Sound and Olympic Mountains! One unit fully updated recently and others have varying levels of upgrades. All units have newer water heaters, newly installed waterproof coating on balconies, 1 car parking in garage, individual storage unit, and a fireplace. One unit intentionally vacant for owner occupied purchase opportunity; however, will lease very quickly. Long term tenants, all month to month with opportunity for immediate rental increases, and one owner for last 34 years. Spacious laundry room on site with leased washer/dryer, garage doors brand new last year, newer exterior flooring, and well cared for flat roof and stucco siding. Gated pedestrian access to lower level garage, storage, and laundry. Lower level also includes two large building owner storage rooms. Sought after Grand Avenue location and neighborhood with easy access to newly developed waterfront amenities and activities, minutes to downtown Everett, and easy access to freeways. This is the perfect time to acquire a multi-family investment within the amazing growth of Everett and Snohomish County. These views are a rare find!

Additional Information

List Date
2026-03-03 00:00:00
Community
Everett
Net Operating Income
$49,924
Gross Adjusted Income
$73,322
Gross Scheduled Income
$73,322
Total Monthly Income
$4,950
Insurance Expenses
$3,500
Water/Sewer/Garbage Expenses
$3,537
Gross Rent Multiplier
18.41
Total Expenses
$23,398
Cap Rate
3.7
Vacancy Rate
25
Total Number of Units
4
Unit Name
2210
Potential Terms
Cash, Conventional
Year Built
1977
View
Bay, Mountains, Sound
Roof
Flat, Shake
Site Features
Cable TV, Deck, High Speed Internet
Electric Expenses
1261
Other Expenses
7328
Energy Source
Electric
School District
Everett
Total Monthly Income
$4,950
Gross Scheduled Income
$73,322
Vacancy Rate
25
Gross Adjusted Income
$73,322
Tax Year
2025
Insurance Expense
$3,500
W/S/G Expenses
$3,537
Total Expenses
$23,398
Net Operating Income
$49,924
Gross Rent Multiplier
18.41
Cap Rate
3.7
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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