8134 212th ST SW, Edmonds, WA 98026
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8134 212th ST SW, Edmonds, WA 98026
8134 212th ST SW, Edmonds, WA 98026
8134 212th ST SW, Edmonds, WA 98026
8134 212th ST SW, Edmonds, WA 98026
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Melissa Lawson

Melissa Lawson

+1(253) 312-9787
Listed by:KW Greater Seattle • Ray Senn
$ 1,400,000
Est. payment /mo
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Active

8134 212th ST SW Edmonds, WA 98026

8 Beds

8 Baths

3,904 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,904 sqft

Price per Sqft $358

Subdivision 5 Corners

MLS Listing ID 2563665

Style 54 - 4-Plex

Bedrooms 8

Year Built 1986

Annual Tax Amount $9,717

Lot Size 10,454 Sqft

Lot Dimensions 80 x 130

Property Sub-Type Multi Family

Property Description

Edmonds fourplex in the desirable 5 Corners area. Four matching ~976sf 2bd/1.75ba units with in-unit laundry, 8 dedicated parking spaces and a tucked away setting with private easement access. Projected Year-1 NOI of $69,248 represents a 4.95% cap rate at asking price based on current lease terms and Unit A at $2,275/mo. Seller financing available to qualified buyers. Units B, C, and D are leased through August 2027, and Unit A recently went vacant and will be marketed for lease upon completion of the current unit turn. Additional potential upside through implementation of utility reimbursement; current owner pays W/S/G. Recent improvements include full roof replacement with insulation and ventilation (2021), carport roof (2023), and exterior paint, refreshed decks, railings and stair carpeting (2024).

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Flooring See Remarks

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Deck, Fenced-Partially, High Speed Internet

View Y/N No

Roof Type Composition

Building

Sewer Available

Water Public

New Construction No

Schools

Elementary Schools Chase Lake Elem

Middle Schools College Pl Mid

High Schools Edmonds Woodway High

School District Edmonds

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA, Owner Will Carry, VA Loan

Listing Terms Cash, Conventional, FHA, Owner Will Carry, VA Loan

Virtual Tour https://player.vimeo.com/video/1213977508

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Melissa Lawson

Melissa Lawson

+1(253) 312-9787

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8134 212th ST SW