Everett Homes with 56 - 10+ Units Style

Everett Homes with 56 - 10+ Units Style

Welcome to Everett, Washington – a vibrant city nestled in the heart of Snohomish County, where the stunning beauty of the Pacific Northwest meets a rich tapestry of history and community spirit. Known for its picturesque waterfront along Port Gardner Bay, Everett is a place where nature and urban living harmoniously coexist. The city boasts a thriving arts scene, diverse dining options, and an array of outdoor activities, making it an ideal destination for families, young professionals, and retirees alike.

As you explore the housing market in Everett, you'll discover an enticing selection of homes that cater to various lifestyles. Among these, properties featuring 56 to 10+ units stand out, offering unique investment opportunities for those looking to delve into multi-family living. These homes not only provide spacious living options but also foster a sense of community, making them perfect for those seeking a connected lifestyle.

With the city's ongoing development and commitment to enhancing local amenities, investing in Everett's multi-unit homes is not just a wise financial decision but also a chance to be part of a growing community. Imagine the potential of owning a property that not only serves as a home but also as a source of income in a city that continues to flourish.

Whether you are looking to invest or find a place to call home, Everett's multi-family properties offer a blend of comfort, convenience, and opportunity. Come and experience the charm of Everett, where your dream home awaits!

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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