Bought with CENTURY 21 North Homes Realty
$2,232,000
$2,200,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
10 Baths
6,952 SqFt
SOLD DATE : 11/12/2024
Key Details
Sold Price $2,232,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,952 sqft
Price per Sqft $321
Subdivision Mountlake Terrace
MLS Listing ID 2279045
Sold Date 11/12/24
Style 55 - 5-9 Units
Bedrooms 14
Year Built 1962
Annual Tax Amount $18,261
Lot Size 0.780 Acres
Property Description
Mountlake Terrace Townhomes a premier investment opportunity w/well-maintained 6-plex offering spacious 2-bed units, each featuring their own washer and dryer, private fully fenced backyards, and 2 assigned parking spaces. The property includes a SFR that has been fully renovated, adding valuable rental income potential. 3 townhome units recently updated w/ modern plank flooring, new appliances, & cabinetry. Thriving location, minutes from Lynnwood Light Rail. Zoned RMM w/ potential for redevelopment up to 4 stories (50 feet). Savvy investors will appreciate the combination of current rental income & future growth potential in this prime location.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood, Wood Products
Waterfront No
View Y/N No
Roof Type Composition,See Remarks
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Edmonds
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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Team Leader/Broker | License ID: 108348