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Everett, WA 98201,3323 Oakes AVE #1-12
Everett, WA 98201,3323 Oakes AVE #1-12
Everett, WA 98201,3323 Oakes AVE #1-12
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Listed by Skyline Properties, Inc.
$2,200,000
Est. payment /mo
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20 Beds
14 Baths
9,200 SqFt
New

3323 Oakes AVE #1-12 Everett, WA 98201

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Bob Papke

Bob Papke

+1(503) 801-9750

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,200 sqft

Price per Sqft $239

Subdivision Everett

MLS Listing ID 2407341

Style 56 - 10+ Units

Bedrooms 20

Year Built 1980

Annual Tax Amount $19,178

Lot Size 0.275 Acres

Property Sub-Type Multi Family

Property Description

Built in 1980, Royal Oakes offers an investment opportunity with both immediate cash flow and potential upside through unit renovations. The current4.7% cap rate should stabilize near the 5% range as rents are increased in 2026, basic renovations could allow for a cap rate above 8%. Versatile unit mix of six 2-bedroom/1-bath apartments, two 2-bedroom/2-bath units,and four 1-bedroom/1-bath units, Most with in unit Laundry. Recent upgrades include two roofs replaced five years ago.Amenities including secure building access, private decks, professional landscaping, an elevator for easy accessibility, and two ADA-compliant units.14 garage parking stalls, additional guest parking, ample off-street parking, and two coin-operated laundry rooms.

Location

State WA

County Snohomish

Area 740 - Everett/Mukilteo

Interior

Flooring Hardwood, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Stucco

Amenities Available Cable TV, Deck

View Y/N Yes

View Territorial

Roof Type Flat

Building

Lot Description Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools North Mid

High Schools Everett High

School District Everett

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Virtual Tour https://vimeo.com/1096467502?share=copy#t=0

Northwest MLS (NWMLS)
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agent

Bob Papke

Principal Broker | License ID: 201238371

+1(503) 801-9750

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3323 Oakes AVE #1-12

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