1921 Chestnut StEverett, WA 98201

  • Residential income properties
  • 1,996 SF
For Sale
$740,000 View listing

Property Details for 1921 Chestnut St

Year built
1992
Property size (Sq ft)
1,996 SF
Property type
Residential income properties
Property subtype
Multifamily properties

Description

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.

1921 Chestnut St, Everett, Washington

Location Insight

City
Everett
County
Snohomish
State
Washington
Latitude
47.9914
Longitude
-122.187

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