Everett Homes with 55 - 5-9 Units Style

Welcome to Everett, Washington, a vibrant city nestled in the heart of Snohomish County, where the beauty of the Pacific Northwest meets a rich tapestry of culture and community. Just a short drive north of Seattle, Everett boasts stunning waterfront views along the Puget Sound, providing residents with breathtaking sunsets and a plethora of outdoor activities. Known for its friendly atmosphere and diverse population, Everett is a place where families, young professionals, and retirees alike find their perfect home.

One of the most appealing aspects of Everett is its charming neighborhoods, particularly those featuring homes styled with 5-9 units. These residences offer a unique blend of comfort and community, perfect for those seeking a more intimate living experience. With spacious layouts and modern amenities, these homes cater to a variety of lifestyles. Whether you’re looking for a cozy two-bedroom apartment or a larger unit for your growing family, you’ll find an array of options that fit your needs.

Living in Everett means enjoying access to excellent schools, beautiful parks, and a thriving arts scene. From the historic downtown area filled with shops and restaurants to the scenic waterfront, there’s always something to explore. Plus, with easy access to public transportation and major highways, commuting to nearby cities is a breeze.

Discover your dream home in Everett, where community spirit and natural beauty come together to create a welcoming haven. Experience the charm of this Pacific Northwest gem and find your perfect 5-9 unit home today!

Newest Everett Homes with 55 - 5-9 Units Style

$1,150,000

2547331 MLS ⋅ ACTIVE Status

Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91,884 annually with pro forma income of $100,200 or more depending on what extent of upgrades are performed on the two unrenovated units.

2519 Baker Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

$1,195,000

2547568 MLS ⋅ ACTIVE Status

Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

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