528 Pine St

Edmonds, WA 98020

Status

SOLD

MLS#

417000

Sold Price

$920,000

List Price

$1,050,000

Closing Date

Jan 28, 2013

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.

Property Details

List Date

2012-10-20 00:00:00

Community

Edmonds Bowl

Property Type

MULT

# of Units

5

Stories

2

Unit 1 Information

Unit 1 Size

1000

Unit 1 Rent

$1,200

Unit 2 Information

Unit 2 Size

1000

Unit 2 Rent

$1,150

Unit 3 Information

Unit 3 Size

1000

Unit 3 Rent

$1,100

Unit 4 Information

Unit 4 Size

1000

Unit 4 Rent

$1,175

Financial Information

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

Additional Information

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

no photo
425-223-6021

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

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