21221 84th Avenue W, Edmonds, WA 98026

$1,175,000
3,670
SqFt

Listing courtesy of Coldwell Banker Bain. Selling Office: Agencyone Realty South.

Sold Price
$1,175,000
List Price
$1,200,000
Status
SOLD
MLS#
1746087
Closing Date
Jul 16, 2021
Days on Market
51
Style
54 - 4-Plex
Finished SqFt
3,670
Area Total SqFt
3670
Annual Tax Ammount
5796
Lot Size (sq ft)
12,197
Sewer
Sewer Connected
Offer Review Date
2021-03-29

Property Description

Opportunity knocks!!! Choice close-in Edmonds location at Five (5) Corners. Zoned neighbor business (BN). Two separate duplexes on one large parcel of 12,197 S.F. Front rambler office #21223 on right has custom built in office furnishings. Ideal for professional office use. Front rambler units built 1954 (total 1,510 S.F.) Rear townhouse units built in 1970 (total 2,160 S.F.) Do not disturb tenants!!!

Additional Information

List Date
2021-05-26 00:00:00
Community
5 Corners
Net Operating Income
$56,381
Gross Adjusted Income
$69,000
Gross Scheduled Income
$69,000
Total Monthly Income
$5,750
Insurance Expenses
$2,153
Water/Sewer/Garbage Expenses
$4,670
Gross Rent Multiplier
1739
Total Expenses
$12,619
Cap Rate
0.46
Total Number of Units
4
Unit Name
21221
Potential Terms
Cash Out, Conventional
Year Built
1954
Roof
Composition
Site Features
Cable TV, Fenced-Partially, Gas Available, High Speed Internet
Energy Source
Electric
School District
Edmonds
Total Monthly Income
$5,750
Gross Scheduled Income
$69,000
Gross Adjusted Income
$69,000
Tax Year
2020
Insurance Expense
$2,153
W/S/G Expenses
$4,670
Total Expenses
$12,619
Net Operating Income
$56,381
Gross Rent Multiplier
1739
Cap Rate
0.46
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