Bought with: Fellow Real Estate Services
$1,175,000
$1,200,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
3217 Norton AVE Everett, WA 98201
9 Beds
4 Baths
3,632 SqFt
Key Details
Sold Price $1,175,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,632 sqft
Price per Sqft $323
Subdivision Everett
MLS Listing ID 2562974
Sold Date 09/08/26
Style 54 - 4-Plex
Bedrooms 9
Year Built 1963
Annual Tax Amount $8,004
Lot Size 6,098 Sqft
Property Sub-Type Multi Family
Property Description
Exceptional value-add opportunity in the heart of Everett! This well-maintained 4-plex in Everett's Norton Grand neighborhood offers an outstanding combination of location, recent capital improvements, and future upside. Ideally situated just minutes from Providence Everett Pacific Campus, Naval Station Everett, the Everett waterfront, downtown Everett, shopping, dining, and transit, the property is well-positioned to attract strong rental demand. The building features three 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, presenting an excellent opportunity for investors or owner-occupants to lease at current market rents. Significant recent improvements include a brand-new sewer line installed in October 2025 from beneath the building to the city connection and freshly painted exterior. Throughout ownership, several units have been tastefully updated with refreshed interior paint, renovated kitchens and bathrooms, and luxury vinyl plank flooring. Additional amenities include a shared laundry room with tenant storage, a four-car carport, and convenient alley access. Further upside exists through operational efficiencies and thoughtful amenity enhancements. Financial information is based on pro forma rents and estimated expenses. Buyers should conduct their own due diligence regarding all projected financial information. Conveniently located within walking distance of downtown Everett, this is an exceptional investment opportunity with immediate and long-term potential!
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood, Wood Products
View Y/N Yes
View See Remarks
Roof Type Flat,See Remarks,Torch Down
Building
Lot Description Alley, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Everett
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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