227 Dorn Avenue, Unit 16

Everett, WA 98208

$2,000,000
Price
12
Beds
9
Baths
6,740 Sq. Ft.
$297 / Sq. Ft.
6,740
Sq. Ft.
$297
per Sq. Ft.

Description

Introducing a well maintained six-unit complex comprising a fourplex and a duplex. Very large townhouse-style units, each spanning over 1100 sq ft, offering 2 beds, 1.5 baths, a laundry room, small backyard, and balcony (plus decks for the fourplex). Assigned surface parking for tenants and guest parking onsite. Currently leased below market to long-term tenants, promising easy maintenance and potential rental income growth. Conveniently located near Evergreen Way, with easy access to freeways, shopping,...Introducing a well maintained six-unit complex comprising a fourplex and a duplex. Very large townhouse-style units, each spanning over 1100 sq ft, offering 2 beds, 1.5 baths, a laundry room, small backyard, and balcony (plus decks for the fourplex). Assigned surface parking for tenants and guest parking onsite. Currently leased below market to long-term tenants, promising easy maintenance and potential rental income growth. Conveniently located near Evergreen Way, with easy access to freeways, shopping, schools, and public transit. Recent upgrades include water main (2022) and roof (2016) replacements, plus unit updates such as new flooring, paint, appliances. GSR after rent increase. Seller is a licensed real estate broker in WA.
  1. Listed by Tara Shah • eXp Realty

Property Details for 227 Dorn Avenue, Unit 16

Community Name
Beverly Park
School District
Everett
Number of Assigned Spaces
13
Total Covered Parking
0
Entry Date
04-11-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of eXp Realty
Add your commute
LISTING UPDATED: 04/11/2024 09:53 AM

Property Details for 227 Dorn Avenue, Unit 16

StatusActive
MLS #2221999
Days on Market18
Cumulative Days on Market18
Taxes$11,897 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1978
Lot Size0.29 AC / 12,632 SF
CountySnohomish County

Location

Listing Courtesy of eXp Realty
Add your commute

Building Information for 227 Dorn Avenue, Unit 16

Stories2Residences6Year Built1978Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$11,906 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$991

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 227 Dorn Avenue, Unit 16

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Area: 740 - Everett/Mukilteo
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: Put it on google map
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
  • Additional Tax Ids: 2937726
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 13.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Ceramic Tile, Laminate, Vinyl Plank, Carpet
  • Features: Ceramic Tile, Wall to Wall Carpet, Laminate Hardwood
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Cedar Shake
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 8650
  • Power Company: Snohomish 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
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: County
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1978
  • Photos Count: 1
Lot Information
  • Lot Number: 19-20
  • Lot Size Source: County
  • Parcel Number Free Text: 00392500001900
  • Building Condition: Good
  • Calculated Square Footage: 6740
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 6740.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 13
  • Number of Stories in Building: 2
  • Unit Number: 1-6
  • Vacancy Rate: 5
  • Number Of Units Total: 6
  • Units Below Grade: false
  • Units In Building Total: 6
Financing / Income and Expenses
  • Electric Expense: $120
  • Total Expenses: 28061
  • Gross Adjusted Income: 123120
  • Gross Rent Multiplier: 15.4
  • Gross Scheduled Income: $129,600
  • Insurance Expense: $5,594
  • Net Operating Income: $101,539
  • Other Expenses: $1,800
  • Total Monthly Income: 10125
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1100
  • Rent Unit 1: $1,700.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: 2
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1100
  • Rent Unit 2: $1,550.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: 3
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1100
  • Rent Unit 3: $1,700.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 2
Unit 4
  • Name Unit 4: 4
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1100
  • Rent Unit 4: $1,800.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 2
Unit 5
  • Name Unit 5: 5
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1170
  • Rent Unit 5: $1,800.00
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 2
Unit 6
  • Name Unit 6: 6
  • Range/Oven Unit 6: true
  • Refrigerator Unit 6: true
  • Dishwasher Unit 6: true
  • Square Feet Unit 6: 1170
  • Rent Unit 6: $1,575.00
  • Bedrooms Unit 6: 2
  • Bathrooms Unit 6: 2
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 6670.0
  • Leasable Area Units: Square Feet

Property History for 227 Dorn Avenue, Unit 16

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 227 Dorn Avenue, Unit 16

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
Emerson Elementary School
PublicPK to 5

Evergreen Middle School
Public6 to 8

Cascade High School
Public9 to 12

Everett Reengagement Academy
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.

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227 Dorn Avenue, Unit 16 is a multi-family home for sale in Everett, WA 98208. This property was listed for sale on April 11, 2024 by eXp Realty, it's currently listed at $2,000,000. It has been on the market for a total of 18 days and was last sold on August 28, 2019. This listing's school district is Everett School District. Nearby schools include Emerson Elementary School, Evergreen Middle School and Cascade High School. 227 Dorn Avenue, Unit 16 is a 12-bed, 9-bath, 6,740 sqft multi-family home built in 1978.

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 eXp Realty

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.