7.28% cap rate! Ideal downtown Everett location just blocks from Grand Ave Park and the new pedestrian bridge to the waterfront. Two 2 bd/1 ba 1,000 sq ft units and a 400 sq ft studio with loft and carport. Separate laundry room shared by all three units. Unit A fully remodeled in ’20, Units B and C partially remodeled in ’23. New roof and siding in ’18, sewer line in ’21. Close to the Naval base, downtown Everett, and Boeing. Zero vacancy rate for the past 10+ years. All units rented with long term leases, current rents total $4,820/mo. A solid investment with great cash flow.
