Bought with Westlake Associates, Inc.
$1,200,000
$1,075,000
11.6%For more information regarding the value of a property, please contact us for a free consultation.
8204 242nd ST SW Edmonds, WA 98026
3,964 SqFt
Key Details
Sold Price $1,200,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,964 sqft
Price per Sqft $302
Subdivision Firdale
MLS Listing ID 1760089
Sold Date 05/28/21
Style 54 - 4-Plex
Year Built 1980
Annual Tax Amount $7,970
Lot Size 0.290 Acres
Property Description
This 1980’s constructed 4-plex is located in Snohomish County’s premier city of Edmonds. Spacious units make this property attractive to a wide range of tenants. All large 2 bed units with in-unit laundry and private balconies. Top 2 units have vaulted ceilings. Quiet cul-de-sac location. Sitting close to transit hubs, this property allows for easy access in all direction. There is rental upside to push rents to increase owner income, rents on this property are roughly 25% below market.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Fireplace false
Exterior
Exterior Feature Stucco, Wood
Utilities Available Electric
View Y/N No
Roof Type Composition
Building
Sewer Available
New Construction No
Schools
School District Edmonds
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Jonathan Pearlstein
Global Real Estate Advisor / Designated Broker | License ID: 17157