528 Pine St

Edmonds, WA 98020

$920,000
7,296
SqFt
property image

Listing courtesy of RE/MAX Performance Plus. Selling Office: .

Sold Price
$920,000
List Price
$1,050,000
Status
SOLD
MLS#
417000
Closing Date
Jan 28, 2013
Days on Market
100
Style
55 - 5-Plex
Size
7,296
Lot Size (sq ft)
7,405
Short Sale
Yes

Property Description

Opportunity for 5 unit apartment building Edmonds Bowl! Interior inspection with signed offer only. Please do not disturb tenants.

425-223-6021

Additional Information

List Date
2012-10-20 00:00:00
Community
Edmonds Bowl
Property Type
MULT
# of Units
5
Stories
2
Unit 1 Size
1000
Unit 1 Rent
$1,200
Unit 2 Size
1000
Unit 2 Rent
$1,150
Unit 3 Size
1000
Unit 3 Rent
$1,100
Unit 4 Size
1000
Unit 4 Rent
$1,175
Net Operating Income
$42,568
Gross Adjusted Income
$68,400
Gross Scheduled Income
$72,000
Total Monthly Income
$4,850
Insurance Expense
$6,000
W/S/G Expenses
$6,000
Total Expenses
$25,832
Gross Rent Multiplier
15
Vacancy Rate
5
Cap Rate
4.50
Year Built
1989
Total Parking
8
Exterior
Wood
Roof
Composition, Flat
Annual Taxes
$10,352
Tax Year
2012
School District
Edmonds
Potential Terms
Cash Out, Conventional

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