$1,150,000
For Sale

2011 Madison Street

Everett, WA 98203
7629 sqft | 0.61 acres | #2156193
Listing OfficeWindermere Real Estate Midtown
Browse 8 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Instant equity awaits savvy investor at this multiple strategy value-add site with significant upside. Two-story mixed-use building with three 1-bedroom apartments, three street-front commercial spaces, and three flexible-use spaces on the main level. 26,752 sf neighborhood business (NB) zoned corner site - a blank slate for townhomes, apartments, owner-user, and other uses. Site maintains a neighborhood character with excellent commutes and access to amenities. A great opportunity to invest in the City of Everett, anticipated to be Washington's fastest-growing large city over the next 10 years. First time available in 45 years. Sold As-Is.

  • Property Details
      • Lot DescriptionAlley, Corner Lot, Curbs, Open Space, Paved, Sidewalk, Value In Land
      • InteriorConcrete, Laminate Hardwood, Wall to Wall Carpet
      • Exterior FeaturesHigh Speed Internet
      • Date ListedSeptember 05, 2023
      • FoundationPoured Concrete
      • Sewer InformationSewer Connected
      • Style55 - 5-9 Units
      • Exterior MaterialsBrick, Wood
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • ViewTerritorial
      • Original List Price$1,150,000
      • SubdivisionPinehurst
      • CountySnohomish
      • School DistrictEverett
      • MLS #2156193
      • Cost1150000
      • MLS #2156193
      • Utility SourcePublic
      • Taxes Annual$8,332
      • Property ConditionFixer
      • Acres0.61
      • Square Feet7629
      • Year Built1947
      • Days on Market (Cumulative)412
      • Stories2
Larissa SweeneyReal Estate Group
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years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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