Everett Homes with 56 - 10+ Units Style

Everett Homes with 56 - 10+ Units Style

Welcome to Everett, Washington – a vibrant city nestled in the heart of Snohomish County, just a stone's throw from the breathtaking shores of Puget Sound. Known for its rich maritime heritage and stunning natural beauty, Everett offers a unique blend of urban amenities and outdoor adventures. With its picturesque waterfront, lush parks, and proximity to the majestic Cascade Mountains, this city is a haven for nature lovers and city dwellers alike.

Everett is home to a diverse community, with a thriving arts scene, delicious dining options, and a variety of shopping experiences. Residents enjoy easy access to public transportation, making commuting to nearby Seattle or exploring the surrounding areas a breeze. The city also boasts a number of excellent schools and family-friendly neighborhoods, making it an ideal place to put down roots.

For those interested in investment opportunities, Everett features a range of properties, including multifamily homes with 56 to 10+ units. These properties present a fantastic opportunity for investors looking to tap into the city's growing rental market. With Everett's population on the rise and a strong demand for housing, multifamily units are a smart investment choice.

Whether you're looking to buy your first home, expand your investment portfolio, or find a property that embodies the spirit of community living, Everett has something for everyone. Explore the possibilities today and discover why Everett is not just a place to live, but a place to thrive!

Newest Everett Homes with 56 - 10+ Units Style

$2,300,000
2479732 MLS ACTIVE Status
PRICE ADJUSTMENT -EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,300,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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