Bayside offers investors the chance to acquire an attractive, light value-add property with substantial upside through further renovations. Currently, 7/10 units have been lightly renovated and 3/10 remain untouched. Renovations include some countertops being replaced, LVP flooring, stainless appliances, paint, fixtures, and hardware. One unit has laundry added, while the remaining nine utilize the shared facility on the lower level of the building. There is an estimated $341/mo + per unit upside achievable through further renovations. For investors who believe location matters, Rucker Ave. is often considered one of the best apartment rental locations in Everett due to the areas strong underlying economic fundamentals & demographics.
|
LAST UPDATED
|
8/2/2025
|
NEIGHBORHOOD
|
Everett
|
|
YEAR BUILT
|
1969
|
COMMUNITY
|
Everett
|
|
COUNTY
|
Snohomish
|
STATUS
|
Pending
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
|
Prior to Apr 12, '25
|
$2,899,000
|
|
Apr 12, '25 - Jun 1, '25 |
$2,699,000
|
| Jun 1, '25 - Today |
$2,450,000 |
| AIR |
None |
| AREA |
740 - Everett/Mukilteo |
| CONSTRUCTION |
Brick, Concrete |
| HEAT |
Baseboard, Electric |
| LOT |
9148 sq ft |
| LOT DESCRIPTION |
Paved |
| MLS STATUS |
Pending |
| STORIES |
3 |
| STYLE |
56 - 10+ Units |
| SUBDIVISION |
Everett |
| TAXES |
18052 |
| UTILITIES |
Sewer Available |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Bay |
| WATER |
Public |
| ZONING |
Multi-Family,Residential |
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