Provided by NWMLS, Listed by Winslow Lee, Kidder Mathews

1111 90th Street SW

Everett, WA, 98204

$4,500,000

$372 per ft²
$4,500,000
$372 per ft²
Active
Active
 - For Sale
carpenters-square
12,084 ft²
property_type
Multi-family
calendar
Built 1985
Tara Townhomes located in the quiet neighborhood of Westmont, a 12 unit Townhome property is a true value add opportunity. Each unit is a 2 bed 1.5 bath, 1,007 sqft. 24 parking spots total and plenty of storage. Each unit has it's own private yard and deck. All units will be Month to Month by the end of August with the new owner able to immediately raise rents and renovate units upon turnover. Market Rate Rents offer a 28% immediate increase and Renovated Rents as high as 59%. The current Owner has taken tremendous care of the property. Cap rate will be 5% by August and with Renovations to a 6.2% Caprate. Please reach out to Listing Agent for Marketing Materials.
MLS® ID:
1928295
Listed:
5/3/22
Updated:
8/18/22
Windermere Real Estate GH LLC
Adam Cobb

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Interior Features
Wall to Wall Carpet, Laminate
Floor Description
Laminate, Vinyl, Carpet

Exterior/Building Features

Lot Size
0.55 acres lot
Exterior Features
Wood
Architectural Style
Multi Family
Lot Details
Curbs, Paved, Secluded, Sidewalk
Roof
Composition
Sewer
Sewer Connected

School Information

School District
Mukilteo
High School
Mariner High

Other Property Details

Area Name
740 - Everett/Mukilteo
Taxes
$20530
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
26.0
View
Y
County
Snohomish
Utilities
Sewer Connected, Electricity Available
Water Source
Public
Pool
No
Total Stories
2

Provided by NWMLS, Listed by Winslow Lee, Kidder Mathews

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Data last updated 2:57 PM UTC, 8/18/22

Windermere Real Estate GH LLC
Adam Cobb
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