MLS #2407341 / Listing provided by NWMLS & Skyline Properties, Inc.. & Kidder Mathews
$2,200,000
3323 Oakes Avenue
Unit 1-12
Everett,
WA
98201
Sq Ft
Per Sq Ft
Year Built
Built in 1980, Royal Oakes offers an investment opportunity with both immediate cash flow and potential upside through unit renovations. The current4.7% cap rate should stabilize near the 5% range as rents are increased in 2026, basic renovations could allow for a cap rate above 8%. Versatile unit mix of six 2-bedroom/1-bath apartments, two 2-bedroom/2-bath units,and four 1-bedroom/1-bath units, Most with in unit Laundry. Recent upgrades include two roofs replaced five years ago.Amenities including secure building access, private decks, professional landscaping, an elevator for easy accessibility, and two ADA-compliant units.14 garage parking stalls, additional guest parking, ample off-street parking, and two coin-operated laundry rooms.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 16
- Uncovered Parking Spaces: 2
- Open Parking Spaces: 2
Structure
- Roof: Flat
- Exterior Features: Stucco
- Foundation: Poured Concrete
Lot Details
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Acres: 0.2752
- Foundation: Poured Concrete
Schools
- High School District: Everett
- High School: Everett High
- Middle School: North Mid
- Elementary School: Buyer To Verify
Lot Details
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Acres: 0.2752
- Foundation: Poured Concrete
Power
- Energy Source: Electric, See Remarks
- Power Company: PUD
Water, Sewer, and Garbage
- Sewer Company: CITY OF EVERETT
- Sewer: Sewer Connected
- Water Company: CITY Of EVERETT
- Water Source: Public
- Water, Sewer, and Garbage: 19163
Stacey Tull
Broker | REALTOR®
Send Stacey Tull an email