3527 Wetmore Avenue, Everett, WA 98201

$565,000
1,920
SqFt

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Listing courtesy of Real Property Associates. Selling Office: Real Property Associates.

Sold Price
$565,000
List Price
$549,950
Status
SOLD
MLS#
2472354
Closing Date
Apr 03, 2026
Days on Market
7
Style
53 - Tri-plex
Building Condition
Average
Finished SqFt
1,920
Area Total SqFt
1920
Annual Tax Ammount
4315
Internet Provider
Ziply Fiber
Lot Size (sq ft)
6,534
Sewer
Sewer Connected
Offer Review Date
2026-03-03

Property Description

This ideal Triplex Investment offers a rare owner-occupied 3-bedroom unit plus two additional units (3-bed / 1-bed / 1-bed). Attractive street appeal with a welcoming covered porch. The 3-bedroom unit with soaring ceilings and large windows has been extensively refreshed with new kitchen appliances, kitchen counters, new kitchen and bathroom flooring, new carpet, and fresh interior paint —completely move-in ready. Live comfortably in the 3-bedroom unit while generating rental income from the two additional leased units. Or collect rent from all three units and add this great investment to your real estate portfolio. Tenants enjoy a shared, spacious laundry room. Plus, a brand-new roof (warranty transfers to new owners) and exterior paint! Convenient alley access with tandem parking for 8+ vehicles. Situated in a sought-after neighborhood with easy access to downtown Everett and major freeways. Kiwanis Park, offering beautiful green space and a fun playground is steps away. This is a fantastic opportunity to acquire a multi-family investment in the midst of Everett and Snohomish County’s continued growth.

Additional Information

List Date
2026-03-27 00:00:00
Community
Everett
Net Operating Income
$-2,501
Gross Scheduled Income
$36,285
Total Monthly Income
$4,290
Gross Rent Multiplier
15
Total Expenses
$38,786
Cap Rate
4.5
Total Number of Units
4
Unit Name
3527
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1910
Roof
Composition
Site Features
Fenced-Partially, Gas Available, Patio, RV Parking
Other Expenses
34471
Energy Source
Natural Gas
School District
Everett
Total Monthly Income
$4,290
Gross Scheduled Income
$36,285
Tax Year
2025
Total Expenses
$38,786
Net Operating Income
$-2,501
Gross Rent Multiplier
15
Cap Rate
4.5
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.
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