Prepared by https://www.commercialmls.com
2414 Hoyt Ave Everett WA 98201
Listing #: 702574 | Status: Available | Last Modified: 4/14/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 216,315 |
| Vacancy Factor % | 5.00% |
| Operating Expenses | 52,924 |
| Net Operating Income | 152,575 |
| CAP Rate | 6.06 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 2 |
| # of Units | 16 |
| Total Building SF | 5,604 SF |
| Net Rentable Area | 5,604 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 6,098 SF |
| Acres | 0.14 |
| Year Built | 1910 |
| Construction Type | Framed, Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | Snohomish |
| Vicinity | Downtown Everett |
| Market Area | Everett |
| Tax ID # | 00517155402500 |
| Zoning | UR4 |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 8 |
| Total Parking Spots | 8 |
This 16-unit studio apartment complex has been extensively modernized while retaining its original character. The unit mix includes three studios with full kitchens and thirteen studios with mini-kitchens, each outfitted with a refrigerator, Breville microwave, and granite-accented sink. Comprehensive renovations include new plumbing throughout, fully updated kitchens and baths, a recirculating hot water system, building-wide electrical replacement, a new roof and windows, renovated common areas, and state-of-the-art laundry equipment. Security and convenience upgrades, such as locking mailboxes and cameras, further enhance the property. Together, these improvements significantly reduce future capital expenditure requirements, positioning the building for stable long-term performance. One
2414 Hoyt Avenue
2414 Hoyt Ave Everett WA 98201
Listing #: 702574 | Status: Available | Listing Date: 9/15/2025 | Last Modified: 4/14/2026 | Email Listing









