8311 214th Place SW # 1-4 Edmonds, WA $ 1,500,000
8311 214th Place SW # 1-4
$ 1,500,000
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8311 214th Place SW # 1-4

Edmonds, WA, 98026
$ 1,500,000
Baths0.0 Sq 3,360

Monthly Estimate*

$ 10,478

Listed by Windermere Real Estate M2 LLC
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Studio

Multi-Family Home for sale in Edmonds, WA

for $1,500,000. This 3,360 square foot home was built in 1976 on a lot size of 0.2.

Edmonds 4plex centrally located just 1 block from 5-corners with wonderful amenities. The well-maintained & professionally managed building sits on a quiet street with many single-family residential homes. Long term tenants with below market rents provide an opportunity to immediately increase cashflow. Two units have been fully remodeled with stylish/modern finishes. Updated roof, exterior paint, & windows in 2018. Each unit has a spacious living room, dining room & kitchen with open layout, along with 2 bedrooms, full bath, & in-unit washer/dryer. Low maintenance grounds + ample parking. Quick access to I-5, downtown Edmonds, restaurants, coffee shops, & schools.

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Multi-Family Pending

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,338

Style

4-Plex

Lot Size

0.2

Year Built

1976

Town/City

Edmonds

County/Region

Snohomish

MLS | Web ID

2220658

Features
General
Interior Features Laminate Laminate Hardwood Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Tenant's Rights
Roof Composition Flat
Exterior Features Stucco Wood
HOA 0
Security Features FullyFenced
Year Built 1976
Unit Number 1-4
Property SubType Multi-Family
Tax Year 2024
County Snohomish
Net Operating Income 63713
Insurance Expense 2537
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Energy Efficient Thermal Windows
Subdivision Name 5 Corners
Possible Use Multi-Family
Special Listing Conditions None
Status Pending
Directions From I-5 take the exit for 220th St. SW; L onto 220th St. SW; R onto 84th Ave W; R onto 214th PL SW; building is 2nd on left.
High School Edmonds Woodway High
City Edmonds
Buyer Agent Compensation 3
View Y/N N
Senior Community Y/N N
High School District Edmonds
Open Parking Spaces 8
Total Units 4
MLS Area 730 - Southwest Snohomish
Lot Size Square Feet 8712
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 214th
Listing Terms Cash Out Conventional FHA VA Loan
Elementary School Chase Lake Elem
Tax Annual Amount 7338
Electric Expense 486.69
Fuel Expense 0
Middle/Junior High School College Pl Mid
Property Condition Good
Public Remarks Edmonds 4plex centrally located just 1 block from 5-corners with wonderful amenities. The well-maintained & professionally managed building sits on a quiet street with many single-family residential
Leasable Area 3360
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Pending
Amenities Thermal Windows
Water Company City of Edmonds
Units Below Grade false
Units In Building Total 4
Zoning Class Multi-Family
Water Sewer Garbage 5425.27
Property Style 54 - 4-Plex
Cap Rate 4.25
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Interior
Flooring Laminate Carpet
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Place
Living Area Units Square Feet
Power Production Type Electric
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Exterior
Lot Features Paved
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 3360
Lot Size Acres 0.2
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Fenced-Partially
Parking Uncovered Spaces 8
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Internal Only
OriginalMLSID NWM2220658
Street Number 1 8311
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* Excluded Features
List By
Casey Price

Listing Agent

Windermere Real Estate M2 Llc

Broker

Affordability Calculator

$11,089
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,478
Monthly Property Taxes
$612
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2231757 Elementary School
257173 Middle School
Edmonds Woodway High High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$1,500,000 Listed Price

Map


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8311 214th Place SW # 1-4, Edmonds, WA, 98026 is a Multi-Family Home for sale at $1,500,000 with 3,360 sqft and a lot size of 0.2. 8311 214th Place SW # 1-4 is a studio with 0.0 baths and was built in 1976. The property's zip code is 98026 which is in Edmonds, WA