Property Photo: 21220 52nd Avenue W WA 98043

Listing Courtesy of:

Northwest MLS / Windermere Real Estate/GH LLC / Adam E. Cobb / Ryan Forbus

21220 52nd Avenue W Mountlake Terrace, WA 98043

Pending (15 Days)

$2,200,000

6,952

SQFT

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Description

Mountlake Terrace Townhomes a premier investment opportunity w/well-maintained 6-plex offering spacious 2-bed units, each featuring their own washer and dryer, private fully fenced backyards, and 2 assigned parking spaces. The property includes a SFR that has been fully renovated, adding valuable rental income potential. 3 townhome units recently updated w/ modern plank flooring, new appliances, & cabinetry. Thriving location, minutes from Lynnwood Light Rail. Zoned RMM w/ potential for redevelopment up to 4 stories (50 feet). Savvy investors will appreciate the combination of current rental income & future growth potential in this prime location.

MLS #:
2279045

Taxes
$18,261(2024)

Lot Size
0.78 acres

Type
Multifamily

Year Built
1962

Style
5-9 Units

School District
Edmonds

County
Snohomish County

Community
Mountlake Terrace

Listed By

Adam E. Cobb, Windermere Real Estate/GH LLC
Ryan Forbus, Windermere Real Estate/GH LLC

Source
Northwest MLS as distributed by MLS Grid
Last checked Sep 16 2024 at 10:00 PM PDT

Bathroom Details

Interior Features

Wall to Wall Carpet

Subdivision

Mountlake Terrace

Property Features

Fireplace: 0

Heating and Cooling

Wall Unit(s)
Forced Air

Flooring

Carpet
Vinyl Plank

Exterior Features

Wood Products
Wood
Brick
Roof: See Remarks
Roof: Composition

Utility Information

Sewer: Sewer Connected
Fuel: Geothermal

Additional Listing Info

Buyer Brokerage Compensation: 2.5

Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.

Location

Map View | Street View

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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price

Down payment

Interest rate

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

Disclaimer: Based on information submitted to the MLS GRID as of 2024 9/16/24 15:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.