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3829 Colby Ave
Everett, WA 98201
3829 Colby Ave · Multifamily Property For Sale · 10 Units
Investment Highlights
- Ideal corner location with bus stop
- Extremely well maintained
- All one bedrooms
PROPERTY FACTS
| No. Units | 10 | Building Size | 5,096 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1975 |
| Building Class | C | Parking Ratio | 1.77/1,000 SF |
| Lot Size | 0.17 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,096 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1975 |
| Parking Ratio | 1.77/1,000 SF |
About 3829 Colby Ave , Everett, WA 98201
First time on the the market. This 1975 remodeled 10 unit offers a great investment opportunity for a qualified investor. The building has been well managed by the current owner for 30 plus years and most units have below market rents, allowing for an investor to create significant rental upside on the impeccable work of the current owner. Tenants enjoy covered garage parking, storage units for additional income, alley access, and manicured landscaping. Additional income thru utility bill back. New roof, gutters and downspout drainage. I-5 freeway access is 4 blocks away, Vinyl double pane windows throughout. Modern light fixtures. Copper plumbing. Low flow toilets throughout. External LED lights. Deck walkways are finished with Gaco Deck Coating. Water heaters are replaced on a schedule.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
PROPERTY TAXES
| Parcel Number | 004113-002-015-00 | Improvements Assessment | $1,402,000 |
| Land Assessment | $338,000 | Total Assessment | $1,740,000 |
PROPERTY TAXES
zoning
| Zoning Code | R4 |
| R4 |
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