408 - 414 3rd AVE S new to site

Edmonds,WA 98020

$ 4200000

3 Beds

2 Baths

10000 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,000 sqft

Price per Sqft $420

Subdivision Downtown Edmonds

MLS Listing ID 2357585

Style 56 - 10+ Units

Bedrooms 3

Year Built 1958

Annual Tax Amount $20,277

Lot Size 0.490 Acres

Property Sub-Type Multi Family

Property Description

Coming to market for the first time in over 40 + years, this rare investment opportunity is located just two blocks from Downtown Edmonds - a highly coveted, prestigious and tightly held community. Marine View Apartments provide both new and experienced investors the chance to acquire a property in an unparalleled location. New owner(s) will benefit from the desirable proximity to Seattle while offering a more business-friendly environment with Snohomish County. With significant repositioning this investment is primed to capitalize on this desirable rental market.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Flooring Hardwood,Laminate

Exterior

Exterior Feature Brick,Wood

Amenities Available Cable TV,Deck,Fenced-Partially

View Y/N Yes

View Mountain(s),Ocean

Roof Type Composition

Building

Lot Description Adjacent to Public Land,Curbs,Paved,Sidewalk,Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Sherwood Elemsw

Middle Schools College Pl Mid

High Schools Edmonds Woodway High

School District Edmonds

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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