2571 Rainier Avenue, Everett, WA 98201

$520,000
4
BD
2
BA
1,564
SqFt

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Listing courtesy of CENTURY 21 Real Estate Center.

List Price
$520,000
Status
ACTIVE
MLS#
2571150
Days on Market
0
Bedrooms
4
Finished SqFt
1,564
Area Total SqFt
1564
Annual Tax Ammount
4982.27
Lot Size (sq ft)
9,148
Sewer
Sewer Connected

Property Description

Investment opportunity in the heart of historic North Everett. This 1936 character home is being sold strictly as-is and is not currently habitable, priced accordingly for an investor or contractor buyer. Interior demolition has been started, kitchen and upstairs bathroom sink and tub have been removed, and the home will not qualify for retail financing in its current state. Cash or hard money only. Zoned UR4, permitting multi-family residential development up to four floors with no density limit, on a generous .21-acre lot well above the typical footprint in this immediate pocket. A rare detached 4-car garage with alley access adds workshop, storage, or redevelopment potential, buyer to verify zoning, setbacks, and development feasibility with the City of Everett. Comparable renovated sales within a few blocks have closed between $530,000 and $800,000 over the past year, buyer to verify and underwrite independently. Minutes to downtown Everett, the waterfront, and I-5. Sold strictly as-is, where-is, no seller repairs. Buyer to verify all permit history, square footage, and condition. Priced for an investor ready to complete the renovation.

Additional Information

Community
Everett
Style
17 - 1 1/2 Stry w/Bsmt
Basement
Daylight, Partially Finished
Year Built
1936
Total Covered Parking
4
Roof
Composition
Tax Year
2026
School District
Everett
Potential Terms
Cash
Driving Directions
GPS works.
Energy Source
Natural Gas
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.
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