1926 Colby Avenue Everett, WA 98201

Incredible investment opportunity featuring two homes on one lot—a classic 841 sq ft main house and a newly renovated 396 sq ft detached ADU—situated on a level 5,663 sq ft lot in a prime location just blocks from vibrant downtown Everett and charming waterfront shops and restaurants. The main house offers 2 bedrooms, 1 full bath, a living room, kitchen, and a spacious lawn, currently generating $1,700/month from stable, long-term (30+ years) month-to-month tenants, with potential for $2,500/month with simple cosmetic updates. The detached ADU includes 1 bedroom, 1 bath, a brand-new kitchen with updated appliances, new flooring, fresh exterior siding, a private deck, sunny fenced-in yard, and one-car garage with alley access, offering great income potential of $2,000/month as a traditional rental or more as an Airbnb, or ideal for use as a guest house or mother-in-law suite. Located in a quality neighborhood within walking distance to downtown Everett with easy access to restaurants, shopping, I-5, and Hwy 2, this is a perfect cash-flow property and investment you won’t want to miss!