5615 Beverly Ln, Everett, WA 98203
- $1,195,000
- 2,040
- SqFt
Listing courtesy of Real Broker LLC.
- List Price
- $1,195,000
- Status
- ACTIVE
- MLS#
- 2580199
- Days on Market
- 0
- Style
- 53 - Tri-plex
- Building Condition
- Good
- Finished SqFt
- 2,040
- Lot Size (sq ft)
- 11,761
Property Description
Rare Triplex + Development Opportunity – Beverly Lane Fully updated and 100% occupied triplex situated on an oversized lot in a quiet residential neighborhood. Recent improvements include a updated roof, new gutters, fresh exterior paint, and a new asphalt driveway with ample off-street parking. Mature landscaping and nearby transit access support consistent tenant demand. Development Upside: Property offers potential for a second triplex at the rear of the lot—configured as (3) two-story townhome-style DADUs (~850 SF each) with attached garages. Architectural plans are ~90% complete, structural engineering is finalized, and a survey has been completed—providing a strong head start for future development. Buyer to verify all (BTVA).
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Additional Information
- List Date
- 2026-09-10 23:58:13
- Community
- View Ridge
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1958
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Partially, High Speed Internet, Outbuildings, RV Parking, Sprinkler System
- School District
- Everett
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $62,720
- Gross Scheduled Income
- $62,720
- Vacancy Rate
- 5
- Gross Adjusted Income
- $51,054
- Tax Year
- 2025
- Insurance Expense
- $2,355
- W/S/G Expenses
- $3,634
- Total Expenses
- $11,665
- Net Operating Income
- $5,105,412
- Gross Rent Multiplier
- 19.92
- Cap Rate
- 4
Mortgage Calculator
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.