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1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
1625 Chestnut Street
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$970,000

1625 Chestnut Street

3,424 Sq.Ft.

Description

Instant cash flow opportunity! This 4-plex tucked away on a quiet street next to Jackson Park is a turnkey revenue machine. Built as a condo with double walls between units. Brand new roof completed in January 2021! Washer/Dryer in each unit. Lower units have enclosed yards (tenant maintained) while top units have large decks. Operating costs stay low as the owner pays garbage while the tenants pay all other utilities. 3 of 4 units have tenants in place thru end of 2021, while unit 4 is recently vacant with proforma rent at $1300+. Potential for rent increases with COVID restrictions to be lifted at end of March. The tenants love living here, and are unaware of sale.

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Location

1625 Chestnut Street, Everett, WA 98201

Status

Sold
Sterling Roe

Sterling Roe

TITLE

Realtor

Property Amenities

View additional property information below.
Interior
Flooring Ceramic Tile, Laminate, Vinyl
Other Interior Features Ceramic Tile, Laminate Hardwood
Area & Lot
Lot Area 0.14 Acres
Living area 3,424 Sq.Ft.
MLS® ID 1744967
Year Built 1985
School District Everett
High School Everett High
Middle School North Mid
Elementary School Garfield Elem
Architecture Styles Quadruplex
Type Multi-Family
Status Sold
Exterior
Stories 2
Green Feature Thermal Windows
Water Source Public
Sewer Sewer Connected
Other Exterior Features Wood
Roof See Remarks
Utilities Sewer Connected, Electricity Available
Finance
Sales Price $970,000
Real Estate Tax $6,152 yearly

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We love helping buyers find their dream home! That's why we work with each client individually, taking the time to understand their unique lifestyles, needs and wishes. You'll find that we'll be a committed ally to negotiate on your behalf and with the backing of a trusted company. Get in touch with us today!