Property Details
1713 17th Street
Everett, WA 98201
$699,000
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Property Overview
Exceptional turn key investment opportunity in North Everett! Situated on a quiet street just minutes from Providence Regional Medical Center, the Everett Waterfront, and the vibrant Port Gardner Bay area, this well-maintained property offers large units, updated plumbing & electrical systems, and strong long-term appeal. Features include garage parking plus additional off-street parking for two vehicles, alley access, coin-op laundry providing additional income, and a newer TPO roof installed just two years ago.The expansive lower level is currently utilized for storage and presents intriguing value-add potential for a possible third unit or additional income opportunity (buyer to verify). Current rents offer potential upside, providing investors with an opportunity to increase cash flow over time. One unit is occupied by a month-to-month tenant, creating flexibility for an owner-occupant, subject to tenant rights. Conveniently located near major employers, transit routes, downtown Everett, and commuter connections to Seattle and the Eastside, this is a rare opportunity to acquire a turnkey asset with future upside in one of Everett's most desirable rental locations.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Snohomish
Neighborhood
Everett
Listed
Jun 11, 2026
Structure Type
Duplex
Parcel Number
00438033901701
Tax & HOA
Annual Property Tax
$4,824 (2025)
Est. Monthly Tax
$402/mo
Financial Summary
Cap Rate
4.80%
Net Operating Income
$33,804
Gross Scheduled Income
$43,128
Gross Rent Multiplier
1.60
Total Expenses
$9,324
Building & Use
Building Sq Ft
2,475
Leasable Area
2,475 sqft
Total Units
2
Lot Size
2,614 sqft
Year Built
1920
Exterior & Lot
Lot Size
0.06 sqft
Year Built
1920
Garage
1 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Exterior Features
Wood Products
Community & Access
Directions
See GPS.
Location
City
Everett
County
Snohomish
Coordinates
47.99526, -122.20599
Additional Information
Tax Year
2025
Annual Taxes
$4,824
Possession
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