5700 141st St SW, Edmonds, WA 98026

$750,000
3,814
SqFt

Listing courtesy of Windermere Bellevue Commons.

List Price
$750,000
Status
ACTIVE
MLS#
1190432
Days on Market
131
Style
54 - 4-Plex
Building Condition
Remodeled
Finished SqFt
3,814
Lot Size (sq ft)
17,424

Property Description

Great fourplex building in a wonderful residential. All units have been remodeled, new sewer line installed last year. One of the 2 bedroom units has been intentionally left vacant for showing prospective buyers. The four units offer a great return and there is potential for additional income ($500/month) for a RV parking space w/meter.

Additional Information

List Date
2017-09-08 00:00:00
Community
Edmonds
Property Type
MULT
Units
4
Stories
2
Potential Terms
Cash Out, Conventional
Year Built
1954
Total Parking
6
Uncovered Parking
6
Exterior
Wood
Roof
Composition
Site Features
Cable TV, Fenced-Partially, RV Parking
Lot Details
Paved Street
School District
Mukilteo
Elementary School
Picnic Point Elem
Middle School
Harbour Pointe Mid
High School
Kamiak High
Total Monthly Income
$5,775
Gross Scheduled Income
$65,400
Vacancy Rate
3
Gross Adjusted Income
$63,488
Annual Taxes
$5,166
Tax Year
2017
Insurance Expense
$1,095
W/S/G Expenses
$3,130
Total Expenses
$16,261
Net Operating Income
$47,177
Gross Rent Multiplier
12
Cap Rate
6

Room Dimensions

Unit 1 Beds
3
Unit 1 Baths
2.00
Unit 1 Rent
$1,650
Unit 2 Beds
2
Unit 2 Baths
1.00
Unit 2 Rent
$1,500
Unit 3 Beds
2
Unit 3 Baths
1.00
Unit 3 Rent
$1,500
Unit 4 Beds
1
Unit 4 Baths
1.00
Unit 4 Rent
$800

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.