Everett, WA 98201 1313 Hewitt Avenue
$5,200,000
19 more
Presented By: COMPASS and NWMLS
- MLS# 2330649
- 02/03/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
Home Details
Expand your portfolio with this fully leased 17-unit mixed-use asset, positioned at Hewitt & Rucker in downtown Everett. Significant capital improvements completed include new roof, paint, sewer, 8 renovated apartments – this property is ideal for effortless ownership. The unix mix consists of 9 apartments 6 1br & 3 2br with comfortable open floor plans, stylish interiors & LVP flooring. Residents enjoy onsite common laundry, and option to rent one of 6 onsite parking spaces. The street level consists of 9 retail units, 100% leased. The acquisition secures a stabilized asset with potential for future development and appreciation. Zone is Mixed Urban (MU), zoning maps indicate building heights up to 12 to 25 floors (buyer to verify).
Presented By: COMPASS and NWMLS
Interior Features for 1313 Hewitt Avenue
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringHardwood, Laminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
General for 1313 Hewitt Avenue
Building Area UnitsSquare Feet
Cap Rate6.74
Carport Y/NNo
CityEverett
CoolingDuctless
CountySnohomish
DirectionsFrom I5 take the exit for Hewitt Ave. Continue West, building on the corner of Hewitt and Rucker.
Electric Expense6333
Fuel Expense6333
HOANo
HOA Fee$
HeatingDuctless
Insurance Expense14062
Listing TermsCash Out, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet14375
Lot Size UnitsSquare Feet
MLS Area740 – Everett/Mukilteo
ModificationTimestamp2025-07-17T03:01:10.632Z
NWM_ShowMapLinkY
Net Operating Income350258
Number Of Units Total0
PossessionClosing
Possible UseBusiness, Commercial, Multi-Family, Office, Residential, Retail
Property Style61 – Comm Bldg Ovr 10K
Property SubtypeCommercial Industrial
Property TypeCommercial Sale
Public RemarksExpand your portfolio with this fully leased 17-unit mixed-use asset, positioned at Hewitt & Rucker in downtown Everett. Significant capital improvements completed include new roof, paint, sewer, 8 renov
RoofMetal
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeUnspecified
Subdivision NameEverett
Tax Annual Amount24613
Tax Year2024
Water CompanyCity of Everett
Water Sewer Garbage6333
Year Built1913
Zoning DescriptionBusiness, Commercial, Multi-Family, Office, Residential, Retail
Exterior for 1313 Hewitt Avenue
Building Area Total
Covered Spaces
Exterior AmenitiesBrick, Stucco, Wood
Foundation DetailsSlab
Irrigation Water Rights Y/NNo
Lot Size Acres0.33
Total Parking0
Water SourcePublic
Additional Details
Price History
Josh QA1
REALTOR ® SRES ®