561 Elm Way, Edmonds, WA 98020

$1,160,000
3,384
SqFt

Listing courtesy of Windermere Real Estate Co.. Selling Office: Windermere R.E. Northeast, Inc.

Sold Price
$1,160,000
List Price
$1,400,000
Status
SOLD
MLS#
1846257
Closing Date
Nov 30, 2021
Days on Market
23
Style
53 - Tri-plex
Finished SqFt
3,384
Area Total SqFt
3384
Annual Tax Ammount
6600
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

In the Heart of Downtown Edmonds and Offering Sweeping Sound and Mountain Views. This 3 Unit Triplex Has Almost Zero Percent Vacancy. Each Level Has 2 Bedrooms and 1.75 Bath. With the Exception of the Lower Level. Gas Fireplaces. Washer and Dryer in Each Unit. Carport Parking with Additional Tandem Parking and Storage. Walk, Skip or Jump to All the Trendy Restaurants and Shops. What a Perfect Addition to Your Portfolio!

Additional Information

List Date
2021-11-07 00:00:00
Community
Edmonds Bowl
Net Operating Income
$5,140
Total Monthly Income
$4,575
Total Expenses
$6,600
Cap Rate
3
Total Number of Units
3
Unit Name
561
Potential Terms
Cash Out, Conventional
Year Built
1967
View
Mountain(s)
Roof
Flat, Torch Down
Site Features
Cable TV, Deck
Energy Source
Electric, Natural Gas
School District
Edmonds
Elementary School
Sherwood ElemSw
Middle School
College Pl Mid
High School
Edmonds Woodway High
Total Monthly Income
$4,575
Tax Year
2021
Total Expenses
$6,600
Net Operating Income
$5,140
Cap Rate
3
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