Provided by NWMLS, Bought with Kidder Mathews and Listed by Kidder Mathews
Sold
21521 73rd Place W #1-18
Edmonds WA, 98026
$4,595,000
$397.22 per sqft
Sold
11,568 sqft
Multi-family
Built in 1960
***Do not disturb tenants in any way. They are unaware of the sale.*** Stevens Court is a turnkey 18 unit apartment property in desirable Edmonds, just a half block from Edmonds Swedish Campus and near a variety of neighborhood amenities. The property is well maintained and boasts desirable features including copper piping, a new roof, ample parking, common laundry, and partial or complete renovations to all but 2 units. With assumable fixed financing at a 4.08% interest rate, and priced just under $260,000 per unit, the cash-on-cash return should be in the 4 to 5% range, and combined with the asset's likely potential for upside, Steven Court is an exceptional acquisition.
2013634
MLSⓇ ID
November 2, 2022
Listed
March 21, 2024
Updated
Map
21521 73rd Place W #1-18
Edmonds WA, 98026
Interior Features
Total Stories
2
Interior Features
Forced Air, Ceramic Tile, Wall to Wall Carpet
Floor Description
Ceramic Tile, Vinyl Plank, Carpet
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.57 Acres
Exterior Features
Brick, Cement Planked, Wood Products
Lot Features
Paved
Roof
Torch Down
Sewer
Sewer Connected
School Information
School District
Edmonds
High School
Edmonds Cyber Sch
Elementary School
Chase Lake Elem
Other Property Details
Area Name
730 - Southwest Snohomish
Taxes
$26,059
Tax Frequency
Annually
Garage
No
Parking Total
18
View
No
County
Snohomish
Water Source
Public
Pool
No
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 4/25/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 4/25/2024 at 10:00 AM UTC