618 75th St | Everett, WA 98203
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This Multifamily Property is no longer advertised on LoopNet.com.
618 75th St
Everett, WA 98203
Beverly Heights · Multifamily Property For Sale
·
19 Units

INVESTMENT HIGHLIGHTS
- Ideal repositioning opportunity; well-maintained asset featuring 19 spacious one, two, and three-bedroom units; ample parking and private garages
- Half-mile from planned Evergreen Light Rail Station for Sound Transit’s Everett Link Extension with service beginning in 2037
- Features 7 units in classic condition and in-place rents 15% below market rate across the board; premiums up to $250 post renovation achievable
- Capitalize on area demand and complete renovation scope prior to anticipated deliveries coinciding with light rail expansion
PROPERTY FACTS
| No. Units | 19 | Building Size | 20,800 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.44/1,000 SF |
| Lot Size | 0.68 AC | ||
| Zoning | R3 | ||
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.68 AC |
| Building Size | 20,800 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | R3 |
AMENITIES
UNIT AMENITIES
- Balcony
- Washer/Dryer
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $1,188 | 715 |
| 2+1 | 14 | $1,444 | 929 |
| 3+2 | 3 | $1,625 | 1,232 |
LINKS
PROPERTY TAXES
| Parcel Number | 003937-002-015-00 | Improvements Assessment | $3,320,100 |
| Land Assessment | $769,000 | Total Assessment | $4,089,100 |
PROPERTY TAXES
Parcel Number
003937-002-015-00
Land Assessment
$769,000
Improvements Assessment
$3,320,100
Total Assessment
$4,089,100
Listing ID: 29617883
Date on Market: 9/25/2023
Last Updated:
Address: 618 75th St, Everett, WA 98203
The Evergreen Multifamily Property at 618 75th St, Everett, WA 98203 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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NEARBY LISTINGS
1 of 1
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