Bought with Capstone Commercial
$7,000,000
$7,195,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
1116 1120 5th AVE S Edmonds, WA 98020
25,700 SqFt
Key Details
Sold Price $7,000,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 25,700 sqft
Price per Sqft $272
Subdivision Edmonds Bowl
MLS Listing ID 1408555
Sold Date 09/29/19
Style 56 - 10+ Units
Year Built 1977
Annual Tax Amount $46,336
Lot Size 0.820 Acres
Property Description
Price Reduced! 24-unit apartment community located in the highly sought-after and walkable downtown Edmonds Bowl neighborhood. 2 large buildings on a single lot the property has had many upgrades in the last three years to position it well for this great location. Mostly large two-bedroom units with washers and dryers as well as storage lockers. Significant upside potential in rents and ample on-site parking.
Location
State WA
County Snohomish
Area _730Southwestsnohom
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Brick, Cement/Concrete
Utilities Available Sewer Connected, Electric
Waterfront No
View Y/N Yes
View Sound, Territorial
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Edmonds
Others
Acceptable Financing Cash Out
Listing Terms Cash Out
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157