Everett Homes with 56 - 10+ Units Style

Everett Homes with 56 - 10+ Units Style

**Discover Everett, Washington: A Gem in Snohomish County**

Nestled along the picturesque shores of Puget Sound, Everett, Washington, is a vibrant city that perfectly blends urban convenience with stunning natural beauty. As the largest city in Snohomish County, Everett boasts a rich history, a thriving economy, and a diverse community, making it an ideal place to call home.

Everett is renowned for its breathtaking waterfront views, with parks and trails that invite residents to explore the great outdoors. The city is home to the popular Jetty Island, a seasonal paradise perfect for beachgoers and nature enthusiasts alike. With its proximity to the Cascade Mountains, outdoor lovers can indulge in hiking, skiing, and a myriad of recreational activities year-round.

For those seeking investment opportunities, Everett offers a unique selection of homes, particularly those with 56 to 10+ units. These multi-family properties not only provide an excellent return on investment but also contribute to the dynamic community atmosphere that Everett is known for. With a steady influx of new residents drawn to the area’s thriving job market and affordable living options, investing in multi-unit homes can be a strategic move for both seasoned investors and newcomers alike.

Everett’s rich cultural scene, highlighted by the Historic Everett Theatre and the Schack Art Center, ensures that there’s always something exciting happening. With easy access to major highways and public transit, commuting to Seattle and beyond is a breeze.

Whether you’re looking to invest in multi-family properties or find your dream home, Everett, WA, offers a unique blend of opportunity and charm that is hard to resist. Discover the potential of this thriving city today!

Newest Everett Homes with 56 - 10+ Units Style

$2,300,000
2479732 MLS ACTIVE Status
PRICE ADJUSTMENT -EVERETT 2044 REDEVELOPMENT | MU-7 (7-STORY) | 6.00% CAP RATE A rare 2-parcel assemblage in Everett's highest-velocity growth corridor — offered at $2,300,000 ($2,090,000 main building + $210,000 development parcel). This combined footprint is a textbook Covered Land Play: bankable cash flow today, transformational upside tomorrow. CASH FLOW + VALUE-ADD: 16 existing units — retail storefronts and apartments — deliver a proven 6.00% in-place cap rate at $2,090,000 against the main parcel. Rents sit materially below market, creating an immediate path to compress that gap and drive NOI higher from day one. Underutilized basement and storage areas represent untapped income with minimal capital outlay. THE ASSEMBLAGE ADVANTAGE: Two parcels deliver the depth and scale single-lot sites simply cannot replicate. The development parcel alone represents significant value at $310,000 for a 3,000 SF lot in this corridor. Unlock maximum Floor Area Ratio, optimized parking configurations, and institutional-grade mid-rise construction potential under Everett's new TOD mandates. This footprint is purpose-built for what's coming. EVERETT 2044 VISION: Zoned MU-7 (Mixed Urban, 7-Story) in Everett's designated high-density growth corridor. Positioned on a high-visibility arterial with 30,000+ VPD, steps from the future Sound Transit Light Rail station. The city's blueprint for density is written — this parcel is inside it.

6325 Evergreen Way, Everett

Listing courtesy of KW Everett.

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