1313 Hewitt Avenue Everett WA 98201 MLS #NWM2327718

Listing Provided Courtesy of COMPASS
Expand your portfolio with this fully leased 17-unit mixed-use asset, positioned at Hewitt & Rucker in downtown Everett. Significant capital improvements completed include new roof, paint, sewer, 8 renovated apartments – this property is ideal for effortless ownership. The unix mix consists of 9 apartments 6 1br & 3 2br with comfortable open floor plans, stylish interiors & LVP flooring. Residents enjoy onsite common laundry, and option to rent one of 6 onsite parking spaces. The street level consists of 9 retail units, 100% leased. The acquisition secures a stabilized asset with potential for future development and appreciation. Zone is Mixed Urban (MU), zoning maps indicate building heights up to 12 to 25 floors (buyer to verify).

Property Details

Price:
$5,200,000
MLS #:
NWM2327718
Status:
Active
Beds:
0
Baths:
0
Address:
1313 Hewitt Avenue
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
Everett
Neighborhood:
740 – Everett/Mukilteo
City:
Everett
Listed Date:
Feb 3, 2025
State:
WA
Finished Sq Ft:
19,768
Total Sq Ft:
19,768
ZIP:
98201
Lot Size:
14,375 sqft / 0.33 acres (approx)
Year Built:
1913

Schools

School District:
Everett

Interior

Cooling
Ductless H P- Mini Split
Flooring
Hardwood, Laminate
Heating
Ductless H P- Mini Split, Wall Unit(s)

Exterior

Exterior Features
Brick, Stucco, Wood
Parking Spots
6
Roof
Metal

Financial

Net Operating Income
$323,906
Tax Year
2024
Taxes
$24,613

Map

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