Downtown Homes with 55 - 5-9 Units Style

Welcome to Downtown Everett, Washington—a vibrant neighborhood that beautifully blends urban sophistication with a welcoming community spirit. Nestled along the scenic shores of Puget Sound, Downtown Everett is a thriving hub that offers an array of amenities, cultural attractions, and stunning waterfront views.

This dynamic area is characterized by its charming streets lined with a mix of historic and modern architecture. Here, you’ll find homes that embody the essence of urban living, particularly those featuring 5-9 unit styles that provide a unique sense of community. These homes often feature contemporary designs with spacious layouts, making them ideal for individuals, couples, and small families looking for convenience and comfort.

Downtown Everett is not just about beautiful homes; it’s also about lifestyle. Residents enjoy easy access to a plethora of dining options, from cozy cafes to upscale restaurants. The vibrant arts scene is reflected in the local galleries and theaters, while outdoor enthusiasts can take advantage of nearby parks and the picturesque waterfront for leisurely strolls or weekend picnics.

Additionally, the neighborhood boasts excellent public transport links, making commuting a breeze. Whether you’re heading to Seattle or exploring the stunning natural beauty of the Pacific Northwest, Downtown Everett serves as the perfect launchpad for your adventures.

With its rich history, diverse community, and an array of housing options, Downtown Everett is more than just a place to live; it's a place to thrive. Discover your dream home in this delightful neighborhood today!

Newest Downtown Homes with 55 - 5-9 Units Style

$1,195,000

2547568 MLS ⋅ ACTIVE Status

Opportunity to acquire a well-maintained, professionally managed, five-unit multifamily investment in the desirable Bayside neighborhood of North Everett — just blocks from the Everett Waterfront, and walking distance to Grand Ave Park and Downtown. The building sits on a corner lot, includes a stand-alone two-car garage and boasts amazing views from the top 2 floors. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. The current ownership group has invested nearly $250,000 in capital improvements in the building including all-new double-pane windows, new roof, full exterior paint, extensive PEX plumbing upgrades and complete remodels of Units 1, 2, 3, and 4. The result is a largely turnkey asset in a high-demand rental corridor supported by Boeing, Naval Station Everett, Amazon, and a growing healthcare economy. Current cap rate of 6.26% with pro forma upside to 6.83% as the one remaining unrenovated unit is brought to market. Gross rental income of $96,360 annually with pro forma income of $103,260 or more. Great opportunity to capitalize on one of the highest demand housing markets in Everett.

2232 Hoyt Avenue, Everett

Listing courtesy of Opal Blue Real Estate, LLC.

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