530 Bell St

    Edmonds, WA 98020
    • $2,995,000
    • STATUS: Pending
    • ON SITE: 165 days
    • ID#: 1372440
    Under Contract
    UPDATED: 30 min ago
    $2,995,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,801
      SQFT
    • $440
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1962
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Westlake Associates, Inc..

    Description

    The apartment boasts newly remodeled units along with some views of the Puget Sound and Olympic Mountains. The building is a 3-story building located in the heart of the historic Edmonds Bowl. Turnkey building with additional upside in rents. (2) office spaces, (1) studio apartment, and (8) 1 bedroom units. The property is well maintained.

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    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 Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-03-23T16:16:03.723.

    www.kimberlygartlandgroup.com/homes/88304266

    530 Bell St Edmonds, WA 98020

    • Price: $2,995,000
    • Status: Pending
    • Updated: 30 min ago
    • ID#: 1372440
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    6,801
    SQFT
    $440
    $/SQFT
    1962
    Built
    Neighborhood:
    Edmonds Bowl
    County:
    Snohomish
    Area:
    SW Snohomish Cty/Lynnwood/Edmonds
    School District:
    Edmonds
    Property Description
    The apartment boasts newly remodeled units along with some views of the Puget Sound and Olympic Mountains. The building is a 3-story building located in the heart of the historic Edmonds Bowl. Turnkey building with additional upside in rents. (2) office spaces, (1) studio apartment, and (8) 1 bedroom units. The property is well maintained.
    Exterior Features

    Building Condition Good Carport Spaces 8 Exterior Cement/ConcreteStucco Garage Spaces 0 Roof Flat Stories In Building 3 Style 56 - 6-9 Units Total Parking Spaces 14 Uncovered Spaces 6

    Interior Features

    Heating And Cooling Forced Air Unit1 Bathrooms 1.00 Unit1 Bedrooms 0 Unit1 Fireplaces 0 Unit1 Sq Ft 466 Unit2 Bathrooms 1.00 Unit2 Bedrooms 0 Unit2 Fireplaces 0 Unit2 Sq Ft 750 Unit3 Bathrooms 1.00 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Sq Ft 750 Unit4 Bathrooms 1.00 Unit4 Bedrooms 0 Unit4 Fireplaces 0 Unit4 Sq Ft 500 Unit5 Bathrooms 1.00 Unit5 Bedrooms 1 Unit5 Fireplaces 0 Unit5 Sq Ft 609 Unit6 Bathrooms 1.00 Unit6 Bedrooms 1 Unit6 Fireplaces 0 Unit6 Sq Ft 650 Units Below Grade N

    Property Features

    Bank Owned No Cap Rate 5.07 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided Gross Adjusted Income 205371 Gross Rent Multiplier 14 Gross Scheduled Income 216180 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 3300 Leased Items None Net Operating Income 151879 New Construction YN No Other Expenses 23415 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Tax Amount 15204 Tax Year 2018 Terms Cash Out Third Party Approval Required None Total Expenses EXP 53492 Total Expenses TEX 53492 Total Monthly Income 18015 Unit1 Monthly Rent 1045 Unit2 Monthly Rent 1400 Unit3 Monthly Rent 1845 Unit4 Monthly Rent 1250 Unit5 Monthly Rent 1425 Unit6 Monthly Rent 1745 Vacancy Rate 5 Water Sewer Garbage 11573

    Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Kimberly Gartland Group - Keller Williams Realty and should be verified by the buyer.
    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 Kimberly Gartland Group - Keller Williams Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-03-23T16:16:03.723.

     
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