Bought with Westlake Associates, Inc.
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8122 242nd ST SW Edmonds, WA 98026
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Key Details
Sold Price $1,420,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,489 sqft
Price per Sqft $258
Subdivision Edmonds
MLS Listing ID 1412914
Sold Date 03/29/19
Style 55 - 5-9 Units
Year Built 1984
Annual Tax Amount $9,997
Lot Size 0.272 Acres
Property Description
Unique opportunity to own a 7-unit multi-family building in Edmonds. All units are 2 beds, 1 bath, w/ laundry in-unit. Parking for 14, including 4 carport spaces, w/ additional storage for each unit. Great location near transit, park & ride, I-5 & Aurora Village. Additional option to convert to condos & resale for profit. Rented below market values w/ month-to-month leases, which makes for a great opportunity to increase cash-flow quickly. Recent appraisal & rent proformas available on request.
Location
State WA
County Snohomish
Area _730Southwestsnohom
Interior
Interior Features Ceramic Tile, Wall to Wall Carpet
Flooring Ceramic Tile, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Cable Connected, High Speed Internet, Sewer Connected, Electric
Amenities Available Cable TV, High Speed Internet
View Y/N No
Roof Type Composition
Building
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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