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Wetmore Apartments

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Wetmore Apartments

1831 Wetmore Avenue, Everett, WA 98201
Multi-Family For Sale Pending Cap Rate 4.89% Built 2002 2 floors Zoning: NB
Asking Price
$1,795,000
Total Building12,752 SF
Land6,098 SF land
Parking Total18
& Uncov.
ConstructionFramed,Vinyl,Wood
MarketEverett
CountySnohomish

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
204511
Listing ID
703417
Type
Multi-Family
Asset Class
Multi-Family
Zoning
NB

Description

Rare opportunity to acquire a well-maintained 9-unit apartment building in a prime Everett location. Built in 2002, this property features a mix of spacious one and two-bedroom units, each with in-unit washers and dryers. Tenants enjoy eight secure garage parking spaces, plus two additional on-site spots. Units have been well-maintained, offering low current capital requirements and long-term stability. Strong rental demand, proximity to transit, shopping, and employment centers. Upside potential through cosmetic updates, including flooring, countertops, and appliances.

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.