
Description
Outstanding home or a GREAT INVESTMENT property with potential proforma rent of $5,500 giving the cap rate of approx. 6%. House is now vacant and studio is still being rented through the end of Dec. Close to Edmonds CC for an easy rental base. Refurbished & updated with a total of 5 bedrooms, 3.75 baths. New roof & windows. Kitchen features granite counters & stainless appliances. Enjoy the living room's gas fireplace. Huge great room with free standing stove & vaulted ceiling. Laminated floors throughout. Large fenced backyard with deck. Consider a 1031 exchange. Close to all amenities. Zoned RM3. Buyer to verify zoning.
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5BEDS
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0.21ACRES
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3BATHS
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01/2 BATHS
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2,396SQFT
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$280$/SQFT
School Information

Description
Outstanding home or a GREAT INVESTMENT property with potential proforma rent of $5,500 giving the cap rate of approx. 6%. House is now vacant and studio is still being rented through the end of Dec. Close to Edmonds CC for an easy rental base. Refurbished & updated with a total of 5 bedrooms, 3.75 baths. New roof & windows. Kitchen features granite counters & stainless appliances. Enjoy the living room's gas fireplace. Huge great room with free standing stove & vaulted ceiling. Laminated floors throughout. Large fenced backyard with deck. Consider a 1031 exchange. Close to all amenities. Zoned RM3. Buyer to verify zoning.
Related Properties
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than The Snow Group at The Preview Group are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-01-25T17:14:04.57.