2515 Oakes Ave

Everett, WA 98201

  • Bed

  • Bath

  • 1768 SqFt

  • 1 DOM

  • Built: 1904

  • Status: Active

$569,999

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2515 Oakes Ave

Everett 98201

$569999

  • Bed

  • Bath

  • 1768 SqFt

  • 1 DOM

  • Built: 1904

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Turn-key Investment Opportunity! Approved triplex has been utilized as a 5-plex, with the upper level divided into 3 studio units (they share a bathroom). All units have individual kitchens. Updated building & units with strong cash flow—currently grossing $5,210/mo ($65,680/year) and approx. 9.37 % cap rate. Unit 1 fully remodeled with modern interior; Unit 5 carpet replaced 2 years ago. New coin-op laundry and water heater. Unit 1, 4 left vacant for potential owner-occupancy/upgrade to drive up value—only unit available for showing. Great in-city location with easy access to Everett CC, hospitals, shops, cafes, and freeways. Loyal long-term tenants, rent below market.

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