923 East Marine View Drive, Unit 15

Everett, WA 98201

$1,350,000
Last Sold Price
9
Beds
7
Baths
3,764 Sq. Ft.
$359 / Sq. Ft.
3,764
Sq. Ft.
$359
per Sq. Ft.

Description

Great Build & Hold Opportunity! Permits Previously Approved! Ready to Build 17 units! Earn as you build. Market Rent NOI: $75,420. There is room to remodel units and increase market rents! Purchase includes 3 parcels: Townhouse style 4 - Plex, 1 Bedroom House and a vacant lot zoned R4. Completed you'll have a total of 21 Units in Thriving & growing Everett just blocks from new Waterfront development! Great access to I-5, Shops & Restaurants. Cascades, valley and river views. New Roof, some units...Great Build & Hold Opportunity! Permits Previously Approved! Ready to Build 17 units! Earn as you build. Market Rent NOI: $75,420. There is room to remodel units and increase market rents! Purchase includes 3 parcels: Townhouse style 4 - Plex, 1 Bedroom House and a vacant lot zoned R4. Completed you'll have a total of 21 Units in Thriving & growing Everett just blocks from new Waterfront development! Great access to I-5, Shops & Restaurants. Cascades, valley and river views. New Roof, some units and home have been lightly remodeled. Welcome!
  1. Listed by David McDonald • RSVP Real Estate-ERA Powered

Property Details for 923 East Marine View Drive, Unit 15

Community Name
North Everett
School District
Everett
View
Mountain(s), Territorial
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
02-02-2021
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of RSVP Real Estate-ERA Powered

Sold By Realty One Group Imagine

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LISTING UPDATED: 11/11/2021 04:10 PM

Property Details for 923 East Marine View Drive, Unit 15

StatusSold
MLS #1722297
Days on Market242
Cumulative Days on Market1104
Taxes$6,129 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1980
Lot Size0.72 AC / 31,362 SF
CountySnohomish County

Location

Listing Courtesy of RSVP Real Estate-ERA Powered

Sold By Realty One Group Imagine

Add your commute

Building Information for 923 East Marine View Drive, Unit 15

Stories2Residences5Year Built1980Building Size-Lot Size0.72 AC / 31,362 SF

Payment Calculator

$7,878 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$511

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 923 East Marine View Drive, Unit 15

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Cable TV, High Speed Internet, Patio
  • Area: 740 - Everett/Mukilteo
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Directions: From N I-5 take E Marine View Dr exit (#195) and follow to 9th. From S I-5 take exi #198 and follow to E Marine View Dr. Property is just north of new senior housing project on east side of street.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2020
  • Additional Tax Ids: 29051700101100,29551700104000
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Laminate, Vinyl
  • Amenities: Storage
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Electric On Property: No
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 100
  • Power Company: PUD
  • Sewer Company: City
  • Water Company: Public
  • Power Production Type: Electric
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • First Right Of Refusal: false
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 30
Lot Information
  • Lot Details: Paved
  • Lot Size Source: Public Record
  • Parcel Number Free Text: 29051700101200
  • Calculated Square Footage: 3764
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3764.0
  • 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
  • Unit Number: 1-5
  • Vacancy Rate: 5
  • Number Of Units Total: 5
  • Units Below Grade: false
  • Units In Building Total: 5
Financing / Income and Expenses
  • Electric Expense: $100
  • Total Expenses: 6629
  • Gross Adjusted Income: 6285
  • Gross Rent Multiplier: 1
  • Gross Scheduled Income: $7,585
  • Insurance Expense: $500
  • Net Operating Income: $6,575
  • Other Expenses: $500
  • Total Monthly Income: 6285
  • Fuel Expense: $100
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: 941
  • Rent Unit 1: $1,230.00
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
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: 941
  • Rent Unit 2: $1,100.00
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
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: 941
  • Rent Unit 3: $1,385.00
  • Bedrooms Unit 3: 2
  • Bathrooms Unit 3: 2
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: 941
  • Rent Unit 4: $1,385.00
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 2
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: 756
  • Rent Unit 5: $1,185.00
  • Bedrooms Unit 5: 1
  • Bathrooms Unit 5: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3764.0
  • Leasable Area Units: Square Feet

Property History for 923 East Marine View Drive, Unit 15

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 923 East Marine View Drive, Unit 15

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 - 7 to 12
Rating
School
Distance
Hawthorne Elementary School
PublicPK to 5

North Middle School
Public6 to 8

Everett High School
Public9 to 12

Sno Co Jail
Public7 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 RSVP Real Estate-ERA Powered

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.