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About the Listing 4484 - 107118
Turnkey duplex with side-by-side units in Everett's Lowell neighborhood offering mountain, river, and territorial views in a private, peaceful setting. Each unit features 2 bedrooms, 2 bathrooms, and 1,156 sq ft of thoughtfully designed living space with updated kitchens, private washer and dryer, thermal windows, two private decks, outdoor storage, plus a separate larger storage area below that could be finished or used for hobbies or a workspace. Both long-term tenants are on month-to-month leases, generating $4,050 per month in gross rental income and a 5.61% cap rate based on current rents and operating expenses. The property offers low vacancy history and potential for additional rent upside. Owner occupants can live in one unit while offsetting their mortgage with rental income. Additional parking in the rear accommodates 3 to 4 vehicles with potential RV or boat storage. Unit B will be available August 1st, making this an attractive opportunity for an owner-occupied buyer.
Listing Highlights
Status
Active
Days on Site
67
Property Type
Multi-Family
MLS ®
2544459
Year Built
1979
Total Square Footage
2,312
Lot/Acreage
0.15
County
Snohomish
Neighborhood
Lowell
School District
Everett
Elementary School
Lowell Elementary
Middle School
Evergreen Middle
High School
Everett High
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces: 0
- Floor: Laminate,Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Paved,Secluded,Deck
- Garage Capacity: N/A
- Parking Spaces: 4
- Roof: Composition
- Others: Wood
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $5,037
- Taxes w/Assessments: N/A
- Tax/Property ID: 00500301600700
- Tax Year: 2025
Payment Calculator
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Questions About..
5113 S 4th Ave Everett, WA 98203
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