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Property profile & analytics
OFF-MARKET
Commercial real estate

1921 Chestnut St Everett, WA 98201

1,996 SF Built 1992
Property ID
US90-1857264
Property summary
AI-generated overview

This well-maintained Everett duplex presents a compelling investment opportunity. Located at 1921 Chestnut St, this single-story, 1992-built building boasts 1,996 square feet of net rentable space on a 6,970 square foot lot. The property features two spacious units, each offering two bedrooms, 1.75 bathrooms, and a walk-in closet in the primary bedroom. Recent upgrades (2020 & 2024) include new appliances, countertops, and interior paint, enhancing the contemporary feel. Both units include a spacious living room, pantry, and in-unit washer/dryer. A new roof was installed in 2020. One unit is currently rented at market rate, providing immediate income. The second unit is vacant, allowing for owner-occupancy or immediate rental potential. Ample parking is available with four designated spots adjacent to the building, plus additional street parking. The property's convenient location near shopping, Providence Regional Medical Center, and Interstate 5 adds to its appeal. The property is zoned R2 and is offered as a 1031 exchange opportunity. This stabilized investment, classified as a Class B multifamily property, is priced at $740,000.

Property profile
Verified
Property type Commercial real estate
Year built 1992
Total area 1,996 SF
APN 005632-396-006-00
UPID US90-1857264
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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