Downtown Homes with 55 - 5-9 Units Style

Welcome to Downtown Everett, a vibrant neighborhood that perfectly blends urban sophistication with a warm, community-oriented atmosphere. Nestled in the heart of Snohomish County, this charming area is not only the cultural hub of Everett but also a gateway to stunning waterfront views and a rich tapestry of local history.

Downtown Everett boasts a diverse array of homes, particularly the appealing 55-59 unit style residences, which offer the perfect balance of space and community. These thoughtfully designed homes cater to a variety of lifestyles, whether you’re a young professional seeking convenience, a growing family in need of room to thrive, or retirees looking for a welcoming neighborhood with easy access to amenities.

Venture out, and you’ll discover a lively mix of boutique shops, delightful cafes, and gourmet restaurants that reflect the eclectic spirit of the community. The nearby waterfront invites you to stroll along the scenic promenade, enjoy a relaxing day at the park, or indulge in water activities that showcase the breathtaking beauty of the Puget Sound.

With a strong emphasis on community, Downtown Everett hosts numerous events throughout the year, from farmers' markets to art walks, fostering connections among residents and creating an inviting atmosphere. Excellent schools, public transportation options, and close proximity to major employers make this neighborhood an ideal place to call home.

Experience the charm of Downtown Everett, where urban living meets a close-knit community, and find your perfect residence among the delightful 55-59 unit homes that await you. Your new life in this picturesque neighborhood is just a step away!

Newest Downtown Homes with 55 - 5-9 Units Style

$1,195,000

2547568 MLS ⋅ ACTIVE Status

Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

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