2222 Summit Avenue

Everett, WA 98201

$1,350,000
Price
5
Beds
4
Baths
2,417 Sq. Ft.
$559 / Sq. Ft.
2,417
Sq. Ft.
$559
per Sq. Ft.
a front view of a house with a yard
a front view of a house with a yard
a front view of a house with a porch
a kitchen with stainless steel appliances kitchen island granite countertop a refrigerator a stove top oven a sink dishwasher and white cabinets with wooden floor
a kitchen with stainless steel appliances granite countertop a refrigerator a stove and a sink with wooden floor
a view of a room with furniture and wooden floor
a kitchen with stainless steel appliances granite countertop a refrigerator and a sink
a view of a livingroom with furniture and wooden floor
a bathroom with a sink and mirror with toilet
a living room with furniture and a window
a view of a livingroom with furniture
a bedroom with a bed and wooden floor
a view of an entryway
a living room with furniture and a couch
a living room with furniture and a wooden floor
a bathroom with a sink a toilet and shower
a bathroom with a shower and a toilet
a living room with furniture and a window
a living room with furniture and wooden floor
a dining room with furniture and window
a bathroom with a sink a vanity and a mirror
a bathroom with a sink a mirror and a shower
a kitchen with a sink and a refrigerator
a utility room with dryer and washer
a bedroom with a bed and a mirror
a living room with furniture and a flat screen tv
a living room with furniture a bookshelf and a window
a living room with furniture and a gym
a kitchen with stainless steel appliances white cabinets and a sink
a bathroom with a sink and a washing machine
a view of a kitchen with furniture and wooden floor
a view of under construction room
a view of a hallway with washer and dryer
a view of a house with swimming pool and sitting area
a view of a swimming pool with lawn chairs and iron fence
a view of a house with a big yard potted plants and large tree
a view of a house with a small yard and deck
a view of house with outdoor space and parking
a view of a house with a patio
Listing provided courtesy of John L. Scott Everett

Description

Incredible Multifamily Investment Opportunity – Prime Location with Premium Finishes & Outstanding Potential. This exceptional multifamily property presents a rare opportunity for investors and first time home buyers seeking a high-quality asset with significant rental income and value add potential. Set in one of Everett most prudent locations, pre-inspected with a perfect blend of top-of-the-line finishes, modern amenities and potential upside, this property promises an excellent return on investment...Incredible Multifamily Investment Opportunity – Prime Location with Premium Finishes & Outstanding Potential. This exceptional multifamily property presents a rare opportunity for investors and first time home buyers seeking a high-quality asset with significant rental income and value add potential. Set in one of Everett most prudent locations, pre-inspected with a perfect blend of top-of-the-line finishes, modern amenities and potential upside, this property promises an excellent return on investment and long-term value appreciation.
  1. Listed by Jake Robinett • John L. Scott Everett
  2. Listed by Jared Barney • John L. Scott Everett

Property Details for 2222 Summit Avenue

Community Name
Everett
School District
Everett
View
Territorial
Number of Assigned Spaces
4
Total Covered Parking
0
Entry Date
12-06-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 12/09/2024 08:37 AM

Property Details for 2222 Summit Avenue

StatusActive
MLS #2315189
Days on Market12
Cumulative Days on Market12
Taxes$5,279 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.10 AC / 4,356 SF
CountySnohomish County

Building Information for 2222 Summit Avenue

Stories2Residences4Year Built1910Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 2222 Summit Avenue

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: High Speed Internet
  • Area: 740 - Everett/Mukilteo
  • Block: 462
  • Elementary School: Garfield Elem
  • Middle Or Junior School: Buyer To Verify
  • High School: Everett High
  • Effective Year Built Source: Public Records
  • Directions: North on I-5 to Marine View Drive Exit. Left on Summit property on right.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Concrete, Vinyl Plank
  • Features: Ceramic Tile, Concrete
  • Amenities: Basement,Thermal Windows
  • Cooling: Yes
  • Cooling: Window Unit A/C
  • Fireplace: No
  • Heating: Yes
  • Heating: Wall Unit(s)
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 2938.82
  • Power Company: Snohomish PUD
  • Sewer Company: City of Everett
  • Water Company: City of Everett
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1955
  • Photos Count: 40
Lot Information
  • Lot Details: Adjacent to Public Land, Curbs, Paved, Sidewalk
  • Lot Number: 23
  • Lot Size Source: Public Records
  • Parcel Number Free Text: 00377346202300
  • Building Condition: Very Good
  • Calculated Square Footage: 2417
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2417.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Green Energy Efficient: Thermal Windows
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 25
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $1,437
  • Total Expenses: 10906.7
  • Gross Adjusted Income: 79065
  • Gross Rent Multiplier: 12.8
  • Gross Scheduled Income: $105,420
  • Insurance Expense: $1,252
  • Net Operating Income: $68,155
  • Other Expenses: $0
  • Total Monthly Income: 7680
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: false
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 737
  • Rent Unit 1: $1,895.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 486
  • Rent Unit 2: $1,995.00
  • Bedrooms Unit 2: 1
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 636
  • Rent Unit 3: $1,995.00
  • Bedrooms Unit 3: 1
  • Fireplaces Unit 3: 0
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: false
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 558
  • Rent Unit 4: $1,795.00
  • Bedrooms Unit 4: 1
  • Fireplaces Unit 4: 0
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 2417.0
  • Leasable Area Units: Square Feet

Property History for 2222 Summit Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2222 Summit Avenue

Taxable ValueLand$223,000Additions$303,500Total$526,500
Tax Record2023$4,340 ($362 / month)
Home Facts
Baths4Total Finished SqFt2,178 SqFtAbove Ground SqFt2,178 SqFtUnfinished Basement Area294 SqFtStories2Lot Size4,356 SqFtStyleQuadraplexYear Built1910ZoningR-2CountySNOHOMISHAPN00377346202300

Schools near 2222 Summit Avenue

This home is within Everett School District.
Rating
School
Type
Grades
Distance
Garfield Elementary School
Public - PK to 5
North Middle School
Public - 6 to 8
Everett High School
Public - 9 to 12
Sequoia High School
Public - 9 to 12
Rating
School
Distance
Garfield Elementary School
PublicPK to 5

North Middle School
Public6 to 8

Everett High School
Public9 to 12

Sequoia High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2222 Summit Avenue, Everett, WA 98201

2222 Summit Avenue is a multi-family home for sale in Everett, WA 98201. This property was listed for sale on December 6, 2024 by John L. Scott Everett, it's currently listed at $1,350,000. It has been on the market for a total of 12 days and was last sold on July 15, 2020. This listing's school district is Everett School District. Nearby schools include Garfield Elementary School, North Middle School and Everett High School. 2222 Summit Avenue is a 5-bed, 4-bath, 2,417 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L. Scott Everett

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.