USAWAEverettRiverside2519 Baker Ave
Listing image | Image 1

2519 Baker Ave, Everett, WA

House

For Sale

Listed price in listed location currency (USD).
$1,150,000

002

MLS® 2547331

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $7,348
Days Active 2
Lot Size 0.14 Acres
Approx. Age 1910
MLS® Number 2547331

Property Address: 2519 Baker Ave, Everett, WA, 98201-3159

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity to acquire a professionally managed, turnkey, two-building, five-unit multifamily investment on a single tax parcel in the Riverside neighborhood of North Everett. The offering consists of a two-story triplex fronting Baker Avenue and a duplex accessed via Fulton Avenue. Both buildings are well maintained and feature upgraded double pane vinyl windows, new roofs as well as lots of plumbing upgrades. 3 of the 5 units are renovated with new kitchens, bathrooms, flooring and paint. Tenants are professionally screened and have an exceptional history of on-time payments with virtually zero delinquency. Current cap rate of 6.18% with pro forma upside to 6.88% or beyond as below-market units are brought to current rents — providing a turnkey property with some value add potential. Strong Everett rental fundamentals backed by Boeing, Naval Station Everett, Amazon, and a robust health care economy. Gross rental income of $91, 884 annually with pro forma income of $100, 200 or more depending on what extent of upgrades are performed on the two unrenovated units.
MLS® Number2547331
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
Basement
Driveway
Garage Spaces
HeatBaseboard
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 29, 2026List Date
$1,150,000List Price
  • Commute

Commute

Starting Address
Destination Address
2519 Baker Ave, Everett, WA

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