Property Details
3718 Wetmore Avenue
Everett, WA 98201
$1,199,950
Pending
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About This Home
Rare opportunity in a great location! Two structures on one 9500 square foot lot. The single family home was the original structure and was built in 1910. The four-plex was built in 1988 on the south side of the parcel. Alley access with 8 parking spaces. Currently, the property is dramatically under-capitalized. Some clean-up and updating could lead to positive cash flow once fully rented. The financial information provided is mostly hypothetical, but based on conservative market expectations. This is a fantastic "sweat equity" opportunity. Rent all five units or live in the house and have rental income from the 4-plex. It may be permissible to separate the two buildings…buyer to verify to their own satisfaction. Coin operated laundry.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Snohomish
Neighborhood
Downtown
Listed
Jun 5, 2025
Original Price
$1,300,000
Interior Features
Bathrooms
0.0
Stories
2
Exterior & Lot
Lot Size
0.22 sqft
Year Built
1910
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk
Exterior Features
Wood
Location
City
Everett
County
Snohomish
Coordinates
47.96789, -122.20717
Schools
School District
Everett
Elementary School
Jackson Elem
Middle School
North Mid
High School
Everett High
Additional Information
Tax Year
2024
Annual Taxes
$9,103
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
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