Property Details

1831 Wetmore Avenue

Everett, WA 98201

$1,795,000

Pending

CBA# 703417 courtesy of CBA Listing firm: Capstone Commercial Real Estate Advisors

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Commercial

Property Type

12,752

Bldg Sq Ft

Units

4.00%

Cap Rate

2002

Year Built

Property Overview

Rare opportunity to acquire a well-maintained 9-unit apartment building in a prime Everett location. Built in 2002, this property features a mix of spacious one and two-bedroom units, each with in-unit washers and dryers. Tenants enjoy eight secure garage parking spaces, plus two additional on-site spots. Units have been well-maintained, offering low current capital requirements and long-term stability. Strong rental demand, proximity to transit, shopping, and employment centers. Upside potential through cosmetic updates, including flooring, countertops, and appliances.