5305 S 3rd Avenue, Everett, WA 98203

$649,950
1,888
SqFt

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Listing courtesy of New Horizon Realty LLC.

List Price
$649,950
Status
PENDING
MLS#
2541543
Days on Market
10
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
1,888
Area Total SqFt
1888
Annual Tax Ammount
4628
Lot Size (sq ft)
8,712
Sewer
Sewer Connected

Property Description

Investment Opportunity in Lowell! Private & versatile triplex with additional detached two car garage tucked away in a private, serene setting within Everett’s desirable Lowell neighborhood. This accommodating triplex offers an exceptional opportunity for savvy investors! Rent all three units or live in one and rent the other two. Units are upgraded and ready for move-ins.

Additional Information

List Date
2026-07-16 17:01:13
Community
Lowell
Net Operating Income
$47,056
Gross Adjusted Income
$47,056
Gross Scheduled Income
$64,000
Total Monthly Income
$4,300
Insurance Expenses
$2,400
Water/Sewer/Garbage Expenses
$2,000
Gross Rent Multiplier
10.4
Total Expenses
$15,028
Cap Rate
7
Vacancy Rate
4
Total Number of Units
3
Unit Name
5305 S
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1925
View
Mountains, Territorial
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Partially, High Speed Internet
Electric Expenses
3000
Other Expenses
3000
Energy Source
Electric
School District
Everett
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,300
Gross Scheduled Income
$64,000
Vacancy Rate
4
Gross Adjusted Income
$47,056
Tax Year
2026
Insurance Expense
$2,400
W/S/G Expenses
$2,000
Total Expenses
$15,028
Net Operating Income
$47,056
Gross Rent Multiplier
10.4
Cap Rate
7
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.
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