Bought with Pro Realty Options, Inc.
$1,700,000
$1,728,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
21220 52nd AVE W Mountlake Terrace, WA 98043
6,705 SqFt
Key Details
Sold Price $1,700,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,705 sqft
Price per Sqft $253
Subdivision Mountlake Terrace
MLS Listing ID 1446092
Sold Date 10/21/19
Style 55 - 5-9 Units
Year Built 1962
Annual Tax Amount $12,290
Lot Size 0.789 Acres
Property Description
6-unit apt + SFR on a single lot located in the emerging Mountlake Terrace neighborhood. Updates include a new TPO roof, double paned vinyl windows and slider, new electrical panels and LED lighting, updated units and more. This property offers the savvy investor an opportunity to purchase a very well-maintained, updated income property with further income upside and multiple exit strategies with two separate buildings as well as the potential to redevelop with the continued rise in home prices.
Location
State WA
County Snohomish
Area _730Southwestsnohom
Interior
Interior Features Forced Air, Hardwood, Wall to Wall Carpet, Laminate Hardwood
Flooring Hardwood, Laminate, Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood, Wood Products
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition,Flat
Building
Sewer Sewer Connected
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