Price Improvement! Incredible value | Rental Duplex | Each unit features 3 bedrooms, 2.5 baths, and an attached 2-car garage | Phenomenal 5.74% CAP Rate!!! | Individual private yard space. Fantastic opportunity to own a high-yield investment property in Everett's prime Silverlake area with opportunity for further upside. Stable rental income from long-term tenants in both units. Buyer may offset living expenses by residing in one unit and generating rental income from the other. Each unit features a bright, open-concept main level offering a kitchen with an inviting peninsula, a spacious living room, a convenient powder room with laundry, direct access to the side-by-side 2-car garage, and a sliding glass door to a private side yard. The upper level features a primary suite with an ensuite bath, two additional bedrooms, and a full bath. Each unit also includes an additional dedicated parking pad. New roof in 2023. Newer appliances. Low-maintenance and easy to manage. Located near public transit, shopping, dining, schools, P&R, and other everyday amenities. Discreet viewing only. Showings and inspection after mutual acceptance. Listing Broker is one of the Sellers.
| MLS # | 2536420 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1997 |
| Days On Site | 91 |
| Listing Provided By | WeLakeside | Sukumar Doddala |
| SQ Feet | 3,038 |
|---|---|
| Garage | 4 |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Multi-Family,Residential |
| Acreage | 0.13 |
| Property View | Yes |
| Property | 6988 |
|---|
| State | WA |
|---|---|
| County | Snohomish |
| City | Everett |
| Zip Code | 98208 |
| Area | 740 Everett | Mukilteo |
| Community Name | Silver Lake |
| School District | Cascade High |
| Elementary School | Monroe Elem |
| High School | Cascade High |
| Listing VS Median (in Silver Lake) | |
Price: $1,019,950 low | high Med: $775,000 sqft: 3,038 low | high Med: 1,602 $ / sqft: $336 low | high Med: $484 On site: 91 low | high Med: 56 | |
| State | WA |
|---|---|
| County | Snohomish |
| City | Everett |
| Zip Code | 98208 |
| Area | 740 Everett | Mukilteo |
| Community Name | Silver Lake |
| School District | Cascade High |
| Elementary School | Monroe Elem |
| High School | Cascade High |
| Listing VS Median (in Silver Lake) | |
Price: $1,019,950 low | high Med: $775,000 sqft: 3,038 low | high Med: 1,602 $ / sqft: $336 low | high Med: $484 On site: 91 low | high Med: 56 | |