6302 Broadway
6302 Broadway
Everett, WA 98203
$900,000
Last Sold Price
7
Beds
4
Baths
3,529 Sq. Ft.
$255 / Sq. Ft.
3,529
Sq. Ft.
$255
per Sq. Ft.
Sold 5/17/23
Sold 5/17/23
Listing provided courtesy of John L. Scott Mill Creek, John L. Scott Lake Stevens, Windermere RE North, Inc.
Description
Profitable turnkey 4-plex in the Pinehurst neighborhood in Everett offering great mountain views! This property has provided a consistently low vacancy rate with long-term tenants that have allowed strong cash flow and a good cap rate along with its coin-operated laundry for additional income. This property features ample parking and has been recently updated and offers newer paint, newer carpet, and flooring. Close to public transit, freeway entrances, shopping, downtown Everett, Everett Clinic,...Profitable turnkey 4-plex in the Pinehurst neighborhood in Everett offering great mountain views! This property has provided a consistently low vacancy rate with long-term tenants that have allowed strong cash flow and a good cap rate along with its coin-operated laundry for additional income. This property features ample parking and has been recently updated and offers newer paint, newer carpet, and flooring. Close to public transit, freeway entrances, shopping, downtown Everett, Everett Clinic, and Schools while only being minutes from Amazon, Boeing and I -5. Long term owner is retiring.
- Listed by T.C. Hyatt • John L. Scott Mill Creek
- Listed by John Miller • John L. Scott Lake Stevens
Property Details for 6302 Broadway
Community Name
Pinehurst
School DistrictEverett
ViewMountain(s), Territorial
Number of Assigned Spaces8
Total Covered Parking0
Entry Date02-10-2023
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of John L. Scott Mill Creek; John L. Scott Lake Stevens![]()
Sold By Windermere RE North, Inc.
Add your commute
LISTING UPDATED: 05/17/2023 03:34 PM
Property Details for 6302 Broadway
| Status | Sold |
|---|---|
| MLS # | 2033945 |
| Days on Market | 63 |
| Cumulative Days on Market | 373 |
| Taxes | $6,600 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1968 |
| Lot Size | 0.14 AC / 6,098 SF |
| County | Snohomish County |
Location
Listing Courtesy of John L. Scott Mill Creek; John L. Scott Lake Stevens![]()
Sold By Windermere RE North, Inc.
Add your commute
Building Information for 6302 Broadway
Stories2Residences4Year Built1968Building Size-Lot Size0.14 AC / 6,098 SF
Payment Calculator
$5,462 per month
30 year fixed, 7.25% Interest
Principal and Interest
$4,912
Property Taxes
$550
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 6302 Broadway
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Area: 740 - Everett/Mukilteo
- Elementary School: Lowell Elem
- Middle Or Junior School: Evergreen Mid
- High School: Cascade High
- Directions: I5, Exit #192 (41st St) in Everett. West on 41st, R on 40th, R on Broadway, Property on the corner of Euclid and Broadway on the Right.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 8.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Laminate, Vinyl, Vinyl Plank, Carpet
- Features: Laminate Hardwood, Wall to Wall Carpet
- Amenities: Coin Op Laundry
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
Exterior Features
- Exterior: Cement/Concrete, Stucco, Wood
- Roof: Torch Down
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 7020
- Power Company: 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: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 26
Lot Information
- Lot Details: Corner Lot, Paved
- Lot Size Source: Realist
- Parcel Number Free Text: 00544801300900
- Building Condition: Good
- Calculated Square Footage: 3529
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3529.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 8
- Number of Stories in Building: 2
- Vacancy Rate: 2
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $576
- Total Expenses: 16371
- Gross Adjusted Income: 67125
- Gross Rent Multiplier: 13
- Gross Scheduled Income: $72,300
- Insurance Expense: $2,175
- Net Operating Income: $55,929
- Other Expenses: $0
- Total Monthly Income: 5775
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1250
- Rent Unit 1: $1,775.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 700
- Rent Unit 2: $1,200.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: true
- Square Feet Unit 3: 750
- Rent Unit 3: $1,400.00
- Bedrooms Unit 3: 2
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: true
- Square Feet Unit 4: 750
- Rent Unit 4: $1,400.00
- Bedrooms Unit 4: 2
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3529.0
- Leasable Area Units: Square Feet
Property History for 6302 Broadway
| 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 6302 Broadway
Taxable ValueLand$216,900Additions$503,100Total$720,000
Tax Record2022$6,600 ($550 / month)
Home Facts
Baths4Total Finished SqFt3,529 SqFtAbove Ground SqFt3,529 SqFtStories2Lot Size6,098 SqFtStyleQuadraplexYear Built1968ZoningFPCountySNOHOMISHAPN00544801300900
Schools near 6302 Broadway
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 |
|---|---|---|
Lowell Elementary School PublicPK to 5 | ||
Evergreen 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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Listing Courtesy of John L. Scott Mill Creek; John L. Scott Lake Stevens
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.