Bought with Westlake Associates, Inc.
$1,075,000
$998,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
5,064 SqFt
SOLD DATE : 07/21/2020
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,064 sqft
Price per Sqft $212
Subdivision Lake Ballinger
MLS Listing ID 1620744
Sold Date 07/21/20
Style 54 - 4-Plex
Year Built 1971
Annual Tax Amount $9,404
Lot Size 8,276 Sqft
Property Description
First time on market in 40 years! {VALUE ADD} Townhouse style 4 Plex-rents well below market value! Despite the COVID crises, Seattle/Edmonds/Shoreline real estate is smoking hot! Terrific investment opportunity for the savvy investor who can imagine the possibilities with some ingenuity. Potential to earn an impressive return on investment. Buyer to verify. Conveniently located between I-5 & Hwy 99 in Edmonds WA. Easy access to downtown Seattle! New light rail stop is a 5 min drive. Edmonds SD!
Location
State WA
County Snohomish
Area _730Southwestsnohom
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Sewer Connected, Electric
Amenities Available Deck
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Cul-De-Sac, Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Westgate Elemwg
Middle Schools College Pl Mid
High Schools Edmonds Woodway High
School District Edmonds
Others
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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