2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
2503 Madison Street
Sold

2503 Madison Street

2503 Madison Street, Everett 98203

$715,000
Fantastic four-plex opportunity in excellent, easy to rent area! The property needs roof, paint, and some TLC inside. Looks like about $50,000 of work would turn this into an $800,000 building. Rents are proforma. 2 units just became vacant and the seller would like the new owner to be able to see units and select tenants so isn’t re-renting them. Zoning allows for 3 more units to be built on the property. Units are 2 bedrooms, 1.5 baths with in-unit laundry. Great location with easy access to park-in-ride, schools, shopping, I-5, and Boeing. Pre-inspection available on request.

3,696 Sq.Ft. LIVING AREA

0.23 Acres lot

Michael Durham

Michael Durham

Features & Amenities

Interior

  • Flooring Ceramic Tile, Vinyl, Carpet
  • other interior Features Ceramic Tile, Wall to Wall Carpet

Area & Lot

  • Status Sold
  • Living Area3,696 Sq.Ft.
  • Lot Area0.23 Acres
  • MLS ID1693865
  • TypeMULTI_FAMILY
  • YEAR BUILT1977
  • Architecture StylesQuadruplex
  • View DescriptionTerritorial
  • Elementary SchoolLowell Elem
  • Middle SchoolEvergreen Mid
  • High SchoolCascade High
  • School DistrictEverett

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesCable Connected, Sewer Connected, Electricity Available
  • roofComposition
  • lot featuresPaved
  • sewerSewer Connected
  • SubstructurePoured Concrete
  • Green featuresThermal Windows
  • other exterior FeaturesWood

Financial

  • Sales Price$715,000
  • Real Estate Tax $7,933

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