Bought with COMPASS
$4,000,000
$4,200,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
40 Beds
22 Baths
0.64 Acres Lot
SOLD DATE : 12/31/2025
Key Details
Sold Price $4,000,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Everett
MLS Listing ID 2422941
Sold Date 12/31/25
Style 56 - 10+ Units
Bedrooms 40
Year Built 1968
Annual Tax Amount $39,680
Lot Size 0.640 Acres
Property Sub-Type Multi Family
Property Description
The Majestic View Apartments is a 22-unit community with additional value-add upside in Everett. Unit mix includes 18 two-bedroom/one-bath units (980 SF), one one-bedroom/one-bath (845 SF), one three-bedroom/one-bath (1,115 SF), two non-conforming studios, plus a bonus unit in the carport area. Twenty units feature balconies or decks, with upper floors enjoying mountain views and sunrises. A large coin-op laundry adds income and tenant convenience. Features include a TPO roof ( 8 yrs), updated flooring, secure gated parking with garages, carports, and storage units, plus 32 surface spaces. Rents estimated 25–30% below market. Excellent location near Boeing, Amazon, downtown Everett, and I-5.
Location
State WA
County Snohomish
Area 740 - Everett/Mukilteo
Interior
Flooring Ceramic Tile, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick
View Y/N No
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
High Schools Everett High
School District Everett
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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