3721 Hoyt Avenue
3721 Hoyt Avenue
Everett, WA 98201
$1,750,000
Price
11
Beds
6
Baths
4,960 Sq. Ft.
$353 / Sq. Ft.
4,960
Sq. Ft.
$353
per Sq. Ft.
Listing provided courtesy of Kidder Mathews
Description
A great opportunity to own a fully turn key property in Everett! Fully Renovated 5 Unit in the great neighborhood of Port Gardner. A healthy unit mix consisting of four 2x1's all 960 sqft and one 3x2 at 1,160 sqft. There are 8 parking spots with 2 covered and secure entrances to units. Almost $300,000 of capital expenses have been put into the property with top of the line materials. 5 minute drive from DT Everett with several amenities, restaurants, and retail within walking distances. This property...A great opportunity to own a fully turn key property in Everett! Fully Renovated 5 Unit in the great neighborhood of Port Gardner. A healthy unit mix consisting of four 2x1's all 960 sqft and one 3x2 at 1,160 sqft. There are 8 parking spots with 2 covered and secure entrances to units. Almost $300,000 of capital expenses have been put into the property with top of the line materials. 5 minute drive from DT Everett with several amenities, restaurants, and retail within walking distances. This property offers an immediate return with a cap rate at 5.2% with a market cap rate of 5.8% A solid investment for an investor looking for a turn key property low maintenance property.
- Listed by Winslow Lee • Kidder Mathews
Property Details for 3721 Hoyt Avenue
Community Name
Everett
School DistrictEverett
ViewCity, Territorial
Number of Assigned Spaces8
Total Covered Parking0
Entry Date09-07-2023
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Kidder Mathews![]()
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LISTING UPDATED: 04/22/2024 07:40 AM
Property Details for 3721 Hoyt Avenue
| Status | Active |
|---|---|
| MLS # | 2159564 |
| Days on Market | 239 |
| Cumulative Days on Market | 212 |
| Taxes | $8,327 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1987 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | Snohomish County |
Location
Listing Courtesy of Kidder Mathews![]()
Add your commute
Building Information for 3721 Hoyt Avenue
Stories2Residences5Year Built1987Building Size-Lot Size0.14 AC / 6,098 SF
Payment Calculator
$10,244 per month
30 year fixed, 7.25% Interest
Principal and Interest
$9,550
Property Taxes
$694
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 3721 Hoyt Avenue
Summary
Location and General Information
- Style: 55 - 5-9 Units
- Site Features: Fenced-Partially
- Area: 740 - Everett/Mukilteo
- Effective Year Built Source: Public Records
- Directions: 3721 Hoyt Ave Everett, WA
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
- Additional Tax Ids: 3362401571
Parking
- Number of Carport Spaces: 2.0
- Carport: No
- Open Parking Spaces: 6.0
- Open Parking: Yes
Virtual Tour
- Virtual Tour URL Unbranded: https://simonandersonteam.com/listings/
Interior and Exterior Features
Interior Features
- Floor Covering: Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water/Sewer/Garbage: 2406
- Power Company: PUD
- Sewer Company: PUD
- Water Company: PUD
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Foundation: Poured Concrete
- Zoning Class: Multi-Family,Residential
- First Right Of Refusal: false
- Possible Use: Multi-Family, Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 2021
- Photos Count: 40
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Dimensions: 6098
- Lot Size Source: SCOPI
- Parcel Number Free Text: 3362401571
- Building Condition: Very Good
- Calculated Square Footage: 4960
- Structure Type: Multi Family
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4960.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 6
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 5
- Units Below Grade: false
- Units In Building Total: 5
Financing / Income and Expenses
- Electric Expense: $2,406
- Total Expenses: 33186
- Gross Adjusted Income: 124082
- Gross Rent Multiplier: 19.25
- Gross Scheduled Income: $116,402
- Insurance Expense: $3,501
- Net Operating Income: $90,896
- Other Expenses: $14,140
- Total Monthly Income: 10215
- Fuel Expense: $2,406
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 960
- Rent Unit 1: $1,895.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 960
- Rent Unit 2: $1,895.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 960
- Rent Unit 3: $1,895.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 960
- Rent Unit 4: $1,895.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Unit 5
- Name Unit 5: 5
- Washer/Dryer Unit 5: true
- Range/Oven Unit 5: true
- Refrigerator Unit 5: true
- Dishwasher Unit 5: true
- Square Feet Unit 5: 1120
- Rent Unit 5: $2,195.00
- Bedrooms Unit 5: 3
- Fireplaces Unit 5: 0
- Bathrooms Unit 5: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4960.0
- Leasable Area Units: Square Feet
Property History for 3721 Hoyt Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3721 Hoyt Avenue
Taxable ValueLand$214,400Additions$714,600Total$929,000
Tax Record2022$8,506 ($709 / month)
Home Facts
Baths5Total Finished SqFt4,548 SqFtAbove Ground SqFt4,548 SqFtUnfinished Basement Area976 SqFtStories2Lot Size6,098 SqFtStyleMulti-Family Dwelling (2-4)Year Built1987ZoningR-4CountySNOHOMISHAPN29053000400600
Schools near 3721 Hoyt 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 - | K to 12 |
Rating | School | Distance |
|---|---|---|
Jackson Elementary School PublicPK to 5 | ||
North Middle School Public6 to 8 | ||
Everett High School Public9 to 12 | ||
Other Schools PublicK 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 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 Kidder Mathews
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.