2305 Colby Ave, Everett, WA 98201

SOLD

6beds7baths
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Welcome to 2305ColbyAve.IsForSale.com

Property Info
Status:Sold
MLS #:1818569
Beds:6
Baths:7 Baths (7 F)
Type:Single Family
Size:3,847 ft²
Lot Size:11,760 ft²
Remarks

Attention Investors. Excellent opportunity in downtown Everett, just 1 block north of the high school. Large frontage on Colby. Property features two studios, Three 1 bedroom. Duplex is 1 Br/1Ba, 2Br/1ba. Old world vintage charm on a large lot. 6 of 7 kitchens have been updated

 Potential for coin op laundry. Great Cash Flow with affordable stable income plus future upside building potential of 14 units, R4 zone. New roofs, newer windows. DO NOT DISTURB Tenants. Do not enter property. Potential to purchase 2311 rambler next door for more parking and storage with 2305.
General Information
Zoning:
R4
School District:
Everett
Annual Property Tax:
6432
County:
Snohomish
Subdivision:
Down Town Everett
Building Details
Year Built:
1900
# of Stories:
2
Roof Type:
Composite
Heating/Ventilation:
Forced Air
Sewer:
Public
Water:
Public
Foundation:
Post and Pillar
Garage:
1
Basement:
yes
Commercial Details
Cap Rate:
7.1
Annual Gross Income:
91800
Annual Operating Expense:
13296
Annual Net Income:
78504
# of Units:
7
Unit Rental Price Range:
795-1175
Amenities
  • Carpet
  • Dryer
  • Garage
  • Hardwood Floors
  • Laminate Flooring
  • Lawn
  • Linoleum
  • Microwave
  • New Roof
  • Range / Oven
  • Refrigerator
  • Remodeled Kitchen
  • Smoke Detectors
  • Stove
  • Walk-in Closet
  • Wall to Wall Carpet
  • Washer
  • Washer/Dryer
Mortgage Calculator
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Rate:
%
Down Payment:
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Terms (in Years):
Monthly Payment:
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*Rates for May 2024. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

**Rates calculated from national averages.  To determine rates in your area please contact your local lender.

Local Schools

School NameTypeDistanceGreatSchools Rating
Everett High School
2416 Colby Avenue, Everett WA 98201
(425) 385-4400
public
0.2 mi
Map Item 6
Immaculate Conception/OLPH
2508 Hoyt Avenue, Everett WA 98201
(425) 349-7777
private
0.3 mi
Cedar Park Christian School - Everett Campus
1300 21st Street, Everett WA 98201
(425) 337-6992
private
0.3 mi
Everett Community College High School Completion
2514 Rainier Avenue, Everett WA 98201
(425) 388-9032
public
0.4 mi
North Middle School
2514 Rainier Avenue, Everett WA 98201
(425) 385-4800
public
0.4 mi
Map Item 5
Sno Co Jail
1918 Wall Street, Everett WA 98201
(425) 339-4430
public
0.7 mi
Everett Christian School
2221 Cedar Street, Everett WA 98201
(425) 259-3213
private
0.7 mi
Garfield Elementary School
2215 Pine Street, Everett WA 98201
(425) 385-4700
public
0.8 mi
Map Item 6
Calvary Christian Academy
3332 Colby Avenue, Everett WA 98201
(425) 205-9023
private
1 mi
Sequoia High School
3516 Rucker Avenue, Everett WA 98201
(425) 385-5100
public
1.1 mi
Port Gardner Parent Partnership
3516 Rucker Avenue, Everett WA 98201
(425) 385-5150
public
1.1 mi
Hawthorne Elementary School
1110 Poplar Street, Everett WA 98201
(425) 385-4600
public
1.2 mi
Map Item 5
Whittier Elementary School
916 Oakes Avenue, Everett WA 98201
(425) 385-4300
public
1.2 mi
Map Item 7
Jackson Elementary School
3700 Federal Avenue, Everett WA 98201
(425) 385-5600
public
1.4 mi
Map Item 7
Everett Reengagement Academy
3900 Broadway, Everett WA 98201
(425) 385-4078
public
1.4 mi
Other Schools
3900 Broadway, Everett WA 98201
(425) 385-5250
public
1.4 mi
Forest Park Adventist Christian School
4120 Federal Avenue, Everett WA 98203
(425) 258-6911
private
1.7 mi
Lowell Elementary School
5010 View Drive, Everett WA 98203
(425) 385-5300
public
2.4 mi
Map Item 7
View Ridge Elementary School
202 Alder Street, Everett WA 98203
(425) 385-5400
public
2.6 mi
Map Item 6
Madison Elementary School
616 Pecks Drive, Everett WA 98203
(425) 385-5900
public
3.2 mi
Map Item 6
Northshore Christian Academy
5700 23rd Drive West, Everett WA 98203
(425) 407-1119
private
3.9 mi
Cavelero Mid High School
8220 24th Street Southeast, Lake Stevens WA 98258
(425) 335-1630
public
4.1 mi
Map Item 4
Sunnyside Elementary School
3707 Sunnyside Boulevard, Marysville WA 98270
(360) 965-1500
public
4.1 mi
Map Item 3
Evergreen Middle School
7621 Beverly Lane, Everett WA 98203
(425) 385-5700
public
4.2 mi
Map Item 6
Cascade High School
801 East Casino Road, Everett WA 98203
(425) 385-6000
public
4.4 mi
Map Item 6
GreatSchools
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