$1,095,000
6
Beds
3
Baths
2,626
Living Area
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Property Description
Exceptional opportunity to acquire a substantial 3-family residence at 62 Madison Ave. This 2,626 sq. ft. property features a robust layout with three distinct units, offering an ideal addition to any investment portfolio or a perfect house-hacking setup for an owner-occupant. Off-street parking, updated heating systems and roof. Situated on a 3,485 sq. ft. lot, this property boasts a 1900s frame with classic architectural bones and the durability of vinyl siding. Full basement with separate laundry hook ups for each unit and storage space and mechanicals, there is significant "value-add" potential here. Units all occupied (TAW) with long term tenants. Located in a high-demand rental pocket, you are minutes away from public transit, local shopping, and Everett’s burgeoning downtown scene. Bring your vision to maximize the rental yield on this well-located multi-family asset.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
- Parking Spots: 3
- Property Type: 3 Family
- Total Rooms: 13
- Status: Closed
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Additional Details
- Basement: Full
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Dd
- Construction: Frame
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
-
Fees / Taxes
- Assessed Value: $869,500
- Taxes: $9,904
- Tax Year: 2025
- Total Rent: $5,800
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Listing information provided courtesy of Town Property Group.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.