View Terrace Apartments

Multi-Family

2423 Rucker Ave, EverettWA 98201

Property Details

Location

Address
2423 Rucker Ave, EverettWA 98201
County
Snohomish
Submarket
CBA Everett
Parcels
00517155401000

Building Size

Building Size
5,166 SF
Residential Space
5,166 SF
Rentable Space
5,166 SF

Building Details

Type
 Multi-Family
Number of Buildings
1
Number of Units
9
Occupancy Type
Number of Tenants
9
Percent Occupied
Building Class
Building Status
Existing
Floors
2
Year Built
1910
Year Renovated
1972
Sprinklers
No
Primary Const.
Wood
Parking (Total Parking, Uncovered Parking)
15 , 14
Parking Ratio
Security System
No

Land & Utilities

Land (Acres)
0.14 Acres
Land (SF)
6,098 SF
Rail Service
No
Zoning
R-4
Lot Depth
Lot Width

Contacts

Public Remarks

This 9 unit building consists of 3 studios, 4 one bedrooms and 2 two bedrooms one of which has been renovated. Coin operated laundry and a garage can easily be converted to a large 10th unit. This Rucker area is in the middle of renewal project.

Current Listings

RARE RUCKER 9 UNIT WITH POTENTIAL FOR 10.

$1,465,000
Cap Rate: 4.84%

Rare Everett opportunity. This 9 unit 100% occupied building consists of 3 studios, 4 one bedrooms and 2 two bedrooms one of which has been renovated. Coin operated laundry and a Garage can easily be converted to a large 10th unit. Rents have not been increased in many years and are far below market. With upgrades and increases you could easily reach rents of $9800 per month. This Rucker area is in the middle of renewal project which will promote redevelopment and increased property values. POTENTIAL 7% CAP!!! Interior pictures are of the only unit that is renovated. Tax iD #: 00517155401000

Rare Everett opportunity. This 9 unit 100% occupied building consists of 3 studios, 4 one bedrooms and 2 two bedrooms one of which has been renovated. Coin operated laundry and a Garage can easily be converted to a large 10th unit. Rents have not been increased in many years and are far below market. With upgrades and increases you could easily reach rents of $9800 per month. This Rucker area is in the middle of renewal project which will promote redevelopment and increased property values. POTENTIAL 7% CAP!!! Interior pictures are of the only unit that is renovated. Tax iD #: 00517155401000

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

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