1902 -1904 W Casino Road, Everett, WA 98204
- $3,600,000
- 13,840
- SqFt
Listing courtesy of Windermere Real Estate GH LLC.
- List Price
- $3,600,000
- Status
- ACTIVE
- MLS#
- 2514556
- Days on Market
- 118
- Style
- 56 - 10+ Units
- Building Condition
- Good
- Finished SqFt
- 13,840
- Area Total SqFt
- 13840
- Annual Tax Ammount
- 33991
- Lot Size (sq ft)
- 30,056
- Sewer
- Available
Property Description
There are 20 generously sized 1 BR units plus 2 studio units for a total of 22 units. The studio units are the non conforming units and were recreation rooms before being made into studios over 30 years ago. Each unit has one tuck under parking space and a storage unit. Laundry is located in two laundry rooms, one in each building. See attached docs for seller disclosure. There are 24 under building parking stalls and storage units. New roof within last 3 years completely redone with PVC roofing material with new insulation and plywood!
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Additional Information
- List Date
- 2026-03-31 00:09:12
- Community
- Casino
- Net Operating Income
- $196,794
- Gross Adjusted Income
- $273,064
- Gross Scheduled Income
- $287,436
- Total Monthly Income
- $23,953
- Insurance Expenses
- $14,582
- Water/Sewer/Garbage Expenses
- $27,697
- Gross Rent Multiplier
- 14
- Total Expenses
- $76,270
- Cap Rate
- 4.5
- Vacancy Rate
- 5
- Total Number of Units
- 22
- Unit Name
- 1902 -1904
- Potential Terms
- Cash
- Year Built
- 1986
- Roof
- See Remarks
- Energy Source
- Electric
- School District
- Mukilteo
- Total Monthly Income
- $23,953
- Gross Scheduled Income
- $287,436
- Vacancy Rate
- 5
- Gross Adjusted Income
- $273,064
- Tax Year
- 2025
- Insurance Expense
- $14,582
- W/S/G Expenses
- $27,697
- Total Expenses
- $76,270
- Net Operating Income
- $196,794
- Gross Rent Multiplier
- 14
- Cap Rate
- 4.5
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.