1516 33rd Street

Everett, WA 98201

$1,200,000
Last Sold Price
6
Beds
6.75
Baths
3,899 Sq. Ft.
$308 / Sq. Ft.
3,899
Sq. Ft.
$308
per Sq. Ft.

Description

This purpose-built building is offered to the market for the first time ever. The property is well located, just blocks from downtown Everett, and poised to take advantage of the city’s future growth. The property consists of 3 large 2 bed/2.25 bath units, each approximately 1,300 square feet. Built in 2006 the building features modern systems along with a secured entry, washers and dryers in unit, 3 tandem garages and much more. Buyers will have the opportunity to take advantage of tremendous upside...This purpose-built building is offered to the market for the first time ever. The property is well located, just blocks from downtown Everett, and poised to take advantage of the city’s future growth. The property consists of 3 large 2 bed/2.25 bath units, each approximately 1,300 square feet. Built in 2006 the building features modern systems along with a secured entry, washers and dryers in unit, 3 tandem garages and much more. Buyers will have the opportunity to take advantage of tremendous upside potential through rent increases and cosmetic improvements.
  1. Listed by Jacob Odegard • Paragon Real Estate Advisors
  2. Listed by Nick Hemming • Paragon Real Estate Advisors

Property Details for 1516 33rd Street

Community Name
Everett
School District
Everett
Number of Assigned Spaces
3
Total Covered Parking
3
Entry Date
05-16-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By Sound Point Real Estate LLC

Add your commute
LISTING UPDATED: 07/24/2023 09:14 AM

Property Details for 1516 33rd Street

StatusSold
MLS #2067641
Days on Market31
Cumulative Days on Market260
Taxes$8,200 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2006
Lot Size0.13 AC / 5,663 SF
CountySnohomish County

Location

Listing Courtesy of Paragon Real Estate Advisors

Sold By Sound Point Real Estate LLC

Add your commute

Building Information for 1516 33rd Street

Stories2Residences3Year Built2006Building Size-Lot Size0.13 AC / 5,663 SF

Payment Calculator

$7,232 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,549

Property Taxes

$683

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1516 33rd Street

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Area: 740 - Everett/Mukilteo
  • Directions: Head N on I-5. Follow I-5 N to Broadway in Everett. Take exit 192 from I-5 N. Take 37th St and Colby Ave to 33rd St
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 0.0
  • Open Parking: No
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Wood
  • Roof: Built-Up
Property
Utilities
  • Water/Sewer/Garbage: 368
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Preliminary Title Ordered: No
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 9
Lot Information
  • Lot Size Source: Snohomish County
  • Parcel Number Free Text: 00436979003100
  • Calculated Square Footage: 3899
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3899.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 5
  • Number Of Units Total: 3
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 11670
  • Gross Adjusted Income: 47025
  • Gross Rent Multiplier: 24.2
  • Gross Scheduled Income: $47,025
  • Insurance Expense: $1,602
  • Net Operating Income: $35,355
  • Other Expenses: $1,500
  • Total Monthly Income: 4125
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Square Feet Unit 1: 1300
  • Rent Unit 1: $1,358.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2
  • Square Feet Unit 2: 1300
  • Rent Unit 2: $1,358.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 3
  • Square Feet Unit 3: 1300
  • Rent Unit 3: $1,358.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 5663.0
  • Leasable Area Units: Square Feet

Property History for 1516 33rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1516 33rd Street

Taxable ValueLand$220,500Additions$688,500Total$909,000
Tax Record2022$8,323 ($694 / month)
Home Facts
Baths6Total Finished SqFt4,503 SqFtAbove Ground SqFt4,503 SqFtUnfinished Basement Area3,010 SqFtStories2Lot Size5,663 SqFtStyleTriplexYear Built2006ZoningFSCountySNOHOMISHAPN00436979003100

Schools near 1516 33rd Street

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 - 9 to 12
Rating
School
Distance
Jackson Elementary School
PublicPK to 5

North Middle School
Public6 to 8

Everett High School
Public9 to 12

Sequoia High School
Public9 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Paragon Real Estate Advisors

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.