113 -115 W Casino Road Everett WA 98204 MLS #NWM2299628

Listing Provided Courtesy of COMPASS / COMPASS
Professionally managed 13-unit building with two-bedroom apartments, open floor plans, in-unit washer/dryer, and surface parking. In-place rents below market, with potential to achieve rental premiums up to $415 per unit post-renovation. Located just 3 miles from Boeing’s Everett facility (30,000+ employees) and close to Amazon and Funko distribution centers. Just half a mile from the upcoming Evergreen Light Rail Station, port of Sound Transit Everett Link Extension (service begins 2037), with 48% of Everett housing renter-occupied, this is an ideal investment to capitalize on Everett’s growing demand for multifamily housing.

Property Details

Price:
$3,000,000
MLS #:
NWM2299628
Status:
Closed (Dec 31, 2024)
Beds:
0
Baths:
0
Address:
113 -115 W Casino Road
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
Casino
Neighborhood:
740 – Everett/Mukilteo
City:
Everett
Listed Date:
Oct 8, 2024
State:
WA
ZIP:
98204
Lot Size:
24,829 sqft / 0.57 acres (approx)
Year Built:
2001
Units:
1

Schools

School District:
Everett

Interior

Cooling
None
Flooring
Vinyl, Carpet
Heating
Forced Air

Exterior

Exterior Features
Metal/ Vinyl
Parking Spots
26
Roof
Composition

Financial

Net Operating Income
$129,879
Tax Year
2001
Taxes
$21,353

Map

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