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About the Listing 7086 - 88839,147440
Edmonds Bowl 5 Unit, offered for the first time in over 45 years and Ideally situated in the heart of Downtown Edmonds, just blocks from Main Street and the waterfront. Sellers are open to Seller Financing terms from qualified buyers. Please reach out for terms. Upper-level units offer attractive water, mountain, and territorial views, enhancing overall tenant appeal. The building showcases a classic mid-century design centered around a private courtyard, creating a unique and inviting living environment. Residents benefit from a common laundry and storage area, while ample off-street parking is provided via five surface stalls and a spacious two-car garage. This asset presents a compelling value-add opportunity with clear pathways to increasing rental income through interior upgrades and operational improvements. With its irreplaceable location, strong in-place fundamentals, and multiple avenues for value creation, this offering is well-suited for investors seeking a stable, well-located asset with significant long-term growth potential.
Listing Highlights
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
2521636
Year Built
1959
Total Square Footage
3,750
Lot/Acreage
0.2
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Laminate,Vinyl,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Zoning: Multi-Family
- Garage Capacity: 2 car
- Parking Spaces: 7
- Zoning: Multi-Family
- Roof: Composition
- Others: Brick,Wood,Wood Products
- Sewer: Sewer Connected
Financial Details
- Tax Amount: $11,443
- Taxes w/Assessments: N/A
- Tax/Property ID: 00530400000700
- Tax Year: 2025
Payment Calculator
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Questions About..
324 3rd Ave S Edmonds, WA 98020
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