About 3718 Wetmore Avenue
Rare opportunity in a great location! Two structures on one 9500 square foot lot. The single family home was the original structure and was built in 1910. The four-plex was built in 1988 on the south side of the parcel. Alley access with 8 parking spaces. Currently, the property is dramatically under-capitalized. Some clean-up and updating could lead to positive cash flow once fully rented. The financial information provided is mostly hypothetical, but based on conservative market expectations. This is a fantastic "sweat equity" opportunity. Rent all five units or live in the house and have rental income from the 4-plex. It may be permissible to separate the two buildings...buyer to verify to their own satisfaction. Coin operated laundry.
Features of 3718 Wetmore Avenue
| MLS® # | 2388279 |
|---|---|
| Price | $1,199,950 |
| Price Per SqFt | $293 |
| Bathrooms | 0.00 |
| Square Footage | 4,100 |
| Acres | 0.22 |
| Year Built | 1910 |
| Type | Income |
| Sub-Type | Multi-Family |
| Status | Pending |
Community Information
| Address | 3718 Wetmore Avenue |
|---|---|
| Area | 740 - Everett/Mukilteo |
| Subdivision | Downtown |
| City | Everett |
| County | Snohomish |
| State | WA |
| Zip Code | 98201 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| # of Stories | 2 |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Paved, Sidewalk |
| Foundation | Pillar/Post/Pier, Poured Concrete |
School Information
| District | Everett |
|---|---|
| Elementary | Jackson Elem |
| Middle | North Mid |
| High | Everett High |
Additional Information
| Days on Market | 117 |
|---|---|
| Cumulative Days on Market | 117 |
| Days on Website | 143 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Windermere Real Estate M2 Llc |
|---|