1902 Rockefeller Ave

Beds
Baths
2,400 Sq. Ft.
$292 / Sq. Ft.
2,400
Sq. Ft.
$292
per Sq. Ft.

Description

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...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.
  1. Listed by Brian Coffman • Best Choice Realty
    P: (206)-886-3986 brianwc61@gmail.com

Property Details for 1902 Rockefeller Avenue

Community Name
Everett
School District
Everett
Number of Assigned Spaces
1
Total Covered Parking
0
Offers Review Date
02-12-2024
Entry Date
02-05-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING CLOSED: 03/18/2024 12:00 AM

Property Details for 1902 Rockefeller Avenue

StatusSold
MLS #2192795
Days on Market8
Cumulative Days on Market4
Taxes$3,302 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.08 AC / 3,485 SF
CountySnohomish County

Location

Listing Courtesy of Best Choice Realty

Sold By John L. Scott, Inc.

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Building Information for 1902 Rockefeller Avenue

Stories1Residences3Year Built1937Building Size-Lot Size0.08 AC / 3,485 SF

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Principal and Interest

$3,493

Property Taxes

$275

HOA Dues

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Property Information for 1902 Rockefeller Avenue

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Cable TV, High Speed Internet, Patio
  • Area: 740 - Everett/Mukilteo
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From I-5 take Marine View Dr, left on E Grand Ave, left on Summit Ave, right on 19th St. Building is on the left, corner of 19th St and Rockefeller.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 1.0
  • Carport: No
  • Open Parking Spaces: 1.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Laminate Hardwood, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Cement Planked, Metal/Vinyl
  • Roof: Composition, Flat
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2544
  • Power Company: Snoh PUD
  • Sewer Company: City of Everett
  • Water Company: City of Everett
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 17
Lot Information
  • Lot Details: Corner Lot, Curbs, Paved, Sidewalk
  • Lot Size Dimensions: 3485
  • Lot Size Source: Realist
  • Parcel Number Free Text: 00437038003102
  • Building Condition: Average
  • Calculated Square Footage: 2400
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2400.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 1
  • Number of Stories in Building: 1
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 7217
  • Gross Adjusted Income: 57840
  • Gross Rent Multiplier: 12.02
  • Gross Scheduled Income: $57,840
  • Insurance Expense: $1,371
  • Net Operating Income: $50,623
  • Other Expenses: $0
  • Total Monthly Income: 4820
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2400.0
  • Leasable Area Units: Square Feet

Property History for 1902 Rockefeller Avenue

DateEvent & SourcePriceAppreciation
Mar 18, 2024

Sold

NWMLS #2192795

$701,000
Mar 15, 2024

Sold (Public Record)

Public Record #1528938700

$701,000

+5.1% / yr

Feb 13, 2024

Pending

NWMLS #2192795

DateEvent & SourcePrice
03/18/2024

Sold

NWMLS #2192795

$701,000
03/15/2024

Sold (Public Record)

Public Record #1528938700

$701,000

+5.1% / yr

02/13/2024

Pending

NWMLS #2192795

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1902 Rockefeller Avenue

Taxable ValueLand$296,700Additions$275,000Total$571,700
Tax Record2026$4,910 ($409 / month)
Home Facts
Baths2.5Total Finished SqFt2,400 SqFtAbove Ground SqFt2,400 SqFtStories1Lot Size3,485 SqFtStyleTriplexYear Built1937Year Renovated1937ZoningR-2CountySNOHOMISHAPN004370-380-031-02

Schools near 1902 Rockefeller Avenue

This home is within Everett School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Hawthorne Elementary School
PublicPK to 5

North Middle School
Public6 to 8

Everett High School
Public9 to 12

Sno Co Jail
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Best Choice Realty

Based on information submitted to the MLS GRID as of 09/05/2024 05:48 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.