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2414 Hoyt Avenue

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2414 Hoyt Avenue

2414 Hoyt Ave, Everett, WA 98201
Multi-Family For Sale Available Cap Rate 5.66% Built 1910 2 floors Zoning: UR4
Asking Price
$2,695,000
Total Building5,604 SF
Land6,098 SF land
Parking Total8
& Uncov.
ConstructionFramed,Wood
MarketEverett
CountySnohomish

Read Overview
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Overview

Property ID
112734
Listing ID
702574
Type
Multi-Family
Asset Class
Multi-Family
Zoning
UR4

Description

This 16-unit studio apartment complex has been extensively modernized while retaining its original character. The unit mix includes three studios with full kitchens and thirteen studios with mini-kitchens, each outfitted with a refrigerator, Breville microwave, and granite-accented sink. Comprehensive renovations include new plumbing throughout, fully updated kitchens and baths, a recirculating hot water system, building-wide electrical replacement, a new roof and windows, renovated common areas, and state-of-the-art laundry equipment. Security and convenience upgrades, such as locking mailboxes and cameras, further enhance the property. Together, these improvements significantly reduce future capital expenditure requirements, positioning the building for stable long-term performance.One

Documents

Listing Courtesy of:

TW
Ted Wood
Capstone Commercial Real Estate Advisors
PO Box 1448,
Edmonds, WA 98020
State: WA City: Everett ZIP: 98201 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.