23615 79th Ave W, Edmonds, WA 98026

$998,000
5,064
SqFt

Listing courtesy of Windermere Real Estate/HLC.

List Price
$998,000
Status
PENDING
MLS#
1620744
Days on Market
4
Style
54 - 4-Plex
Building Condition
['Average']
Finished SqFt
5,064
Lot Size (sq ft)
8,276

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 super hot! Terrific investment opportunity for the savvy investor who can see "what can be" with a little 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 Schools!

Additional Information

List Date
2020-06-26 00:00:00
Community
Lake Ballinger
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1971
Total Parking
8
Uncovered Parking
1
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
Deck
Lot Details
Cul-de-sac, Curbs, Paved Street, Sidewalk
School District
Edmonds
Elementary School
Westgate ElemWg
Middle School
College Pl Mid
High School
Edmonds Woodway High
Total Monthly Income
$3,250
Gross Scheduled Income
$39,000
Annual Taxes
$9,404
Tax Year
2020
Insurance Expense
$4,800
W/S/G Expenses
$6,600
Total Expenses
$21,044
Net Operating Income
$17,957

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
3.00
Unit 1 Rent
$750
Unit 2 Beds
2
Unit 2 Baths
1.50
Unit 2 Rent
$900
Unit 3 Beds
2
Unit 3 Baths
1.50
Unit 3 Rent
$800
Unit 4 Beds
2
Unit 4 Baths
1.50
Unit 4 Rent
$800
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