700 52nd Street Southeast

Everett, WA 98203

$2,000,000
Price
9
Beds
7
Baths
4,673 Sq. Ft.
$428 / Sq. Ft.
4,673
Sq. Ft.
$428
per Sq. Ft.

Description

Do not miss this incredible opportunity! 6.5 Acres of Land located in the heart of Everett. Potential to build while you collect rent with 5 rental units in total. High-Level Feasibility Study conducted, available in supplements. 5 lots in the highly desirable, well-established Forest Park Neighborhood, just off Fowler. Close proximity to bustling DT Everett & Marina, Naval Base, Mukilteo Ferry, Restaurants & Grocery, Evergreen Way and convenient I5 access. All lots to be sold together, Seller will...Do not miss this incredible opportunity! 6.5 Acres of Land located in the heart of Everett. Potential to build while you collect rent with 5 rental units in total. High-Level Feasibility Study conducted, available in supplements. 5 lots in the highly desirable, well-established Forest Park Neighborhood, just off Fowler. Close proximity to bustling DT Everett & Marina, Naval Base, Mukilteo Ferry, Restaurants & Grocery, Evergreen Way and convenient I5 access. All lots to be sold together, Seller will NOT sell individually. Property contains one SFR and one Fourplex. Zoned R2. Do not disturb tenants. Buyer to verify. Motivated Seller.
  1. Listed by Dustin Brown • Windermere Real Estate M2 LLC
  2. Listed by Chelsea Brown • Windermere Real Estate M2 LLC

Property Details for 700 52nd Street Southeast

Community Name
Forest Park
School District
Everett
View
Territorial
Number of Assigned Spaces
14
Total Covered Parking
2
Entry Date
02-14-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of Windermere Real Estate M2 LLC
Add your commute
LISTING UPDATED: 03/19/2024 02:01 PM

Property Details for 700 52nd Street Southeast

StatusActive
MLS #2194396
Days on Market440
Cumulative Days on Market442
Taxes$12,752 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
Lot Size6.54 AC / 284,883 SF
CountySnohomish County

Location

Listing Courtesy of Windermere Real Estate M2 LLC
Add your commute

Building Information for 700 52nd Street Southeast

Stories2Residences5Year Built1946Building Size-Lot Size6.54 AC / 284,883 SF

Payment Calculator

$11,977 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,915

Property Taxes

$1,063

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 700 52nd Street Southeast

Summary
Location and General Information
  • Style: 55 - 5-9 Units
  • Site Features: Deck, Fenced-Partially, Outbuildings, RV Parking
  • Area: 740 - Everett/Mukilteo
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From I5 take Evergreen Wy ext (526 W). Continue on Evergreen Way. Take Left on 52nd St SE. Destination will be on the right. GPS Works.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: Yes
Taxes and HOA Information
  • Tax Year: 2023
  • Additional Tax Ids: 004431-000-046-02,004431-000-047-04,280506-002-003-00,280506-002-004-00
Parking
  • Number of Carport Spaces: 6.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Interior Features
  • Floor Covering: Laminate, Vinyl, Carpet
  • Features: Laminate, Wall to Wall Carpet
  • Amenities: Coin Op Laundry
  • Cooling: Yes
  • Cooling: Forced Air, None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard, Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood
  • Roof: Composition, Metal
  • Waterfront Description: Creek
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 3990
  • 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
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 12
Lot Information
  • Lot Details: Corner Lot, Open Space, Secluded, Value In Land
  • Lot Size Source: Realist
  • Parcel Number Free Text: 28050600200100
  • Calculated Square Footage: 4673
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 4673.0
  • 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: 15
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 21197
  • Gross Adjusted Income: 63180
  • Gross Rent Multiplier: 20.58
  • Gross Scheduled Income: $97,200
  • Insurance Expense: $4,455
  • Net Operating Income: $82,620
  • Other Expenses: $0
  • Total Monthly Income: 1500
  • 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: false
  • Square Feet Unit 1: 507
  • Rent Unit 1: $.00
  • Bedrooms Unit 1: 1
  • 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: false
  • Square Feet Unit 2: 507
  • Rent Unit 2: $750.00
  • 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: false
  • Square Feet Unit 3: 1012
  • Rent Unit 3: $.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: false
  • Square Feet Unit 4: 1012
  • Rent Unit 4: $750.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Unit 5
  • Name Unit 5: SFR
  • Washer/Dryer Unit 5: true
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 1633
  • Rent Unit 5: $.00
  • Bedrooms Unit 5: 3
  • Fireplaces Unit 5: 2
  • Bathrooms Unit 5: 3
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 4673.0
  • Leasable Area Units: Square Feet

Property History for 700 52nd Street Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 700 52nd Street Southeast

Taxable ValueLand$439,700Additions$353,900Total$793,600
Tax Record2022$7,274 ($606 / month)
Home Facts
Baths4Total Finished SqFt3,040 SqFtAbove Ground SqFt3,040 SqFtUnfinished Basement Area616 SqFtStories2Lot Size187,744 SqFtStyleTriplexYear Built1946ZoningFNCountySNOHOMISHAPN28050600200100Fireplace TypeHas Fireplace

Schools near 700 52nd Street Southeast

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
View Ridge 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.

Similar Homes

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700 52nd Street Southeast is a multi-family home for sale in Everett, WA 98203. This property was listed for sale on February 14, 2023 by Windermere Real Estate M2 LLC, it's currently listed at $2,000,000. This listing's school district is Everett School District. Nearby schools include View Ridge Elementary School, Evergreen Middle School and Everett High School. 700 52nd Street Southeast is a 9-bed, 7-bath, 4,673 sqft multi-family home built in 1946.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Windermere Real Estate M2 LLC

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.