Fantastic 4plex in prime Edmonds location! Tucked in a Cul-de-sac off of Edmonds Way with easy access to I-5, Highway 99 and downtown Edmonds - high demand rental area. Ideal unit mix (2bed/1bath) with spacious layouts, decks/patios, fireplaces and in-unit laundry. Professionally managed and no vacancies. Brand new roof and gutters just installed! One unit recently upgraded with new kitchen/bathroom. Perfect value-add play with below market rents- just needs a few more cosmetic updates to achieve pro-forma cap rate of 6.7% Don't miss this awesome opportunity to add this Edmonds gem to your portfolio!
HOA
No HOA
On market
5 days
Year built
1979
Property type
Residential Income
Parking
4
MLS
1904469
Price / Sq.Ft.
$358 / ft2
Buyer’s Brokerage Commission
—