About this property

Well-positioned Grand Ave fourplex in the heart of Everett, just minutes from the waterfront, downtown Everett, Providence, transit, restaurants, and commuter routes. Originally built in 1915 with an effective year built of 1980, the property also benefits from updated electrical and plumbing. Desirable unit mix includes two 2-bedroom units and two 1-bedroom units, with approximate unit sizes of 1,000 SF, 860 SF, 800 SF, and 650 SF. Upper units enjoy city, mountain, and territorial views. The large partially finished basement provides coin-op laundry income, individual storage lockers for each unit, a separate toilet/bathroom area, and an oversized fenced storage area with potential for additional monthly income. A clean, practical Everett multifamily asset with multiple income streams and room for continued upside. Rents are low. Roof replaced in 2019. Upgraded Electrical, Copper plumbing.