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    533 Elm Way

    Edmonds, WA 98020
    • $2,499,000
    • STATUS: Pending
    • ON SITE: 46 Days
    • ID#: 1834581
    Under Contract
    UPDATED: 34 min ago
    $2,499,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,850
      SQFT
    • $515
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1967
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Listing Courtesy of America's Choice Real Estate.

    Description

    The Elm Way Apartments offers spacious two bed, two bath units with fireplaces, vaulted ceilings, brand new kitchens, paint, flooring, and balconies that overlook the Edmonds Bowl and have partial Sound views. There is also a one bath, one bed unit with a spacious & open floor plan. Owner has done a remarkable renovation with high-end features and immaculate attention to every detail inside & out. The building offers secured entry, covered parking, and a property with 0 renovations left to be done. This asset provides a rare opportunity for ownership of a multi-family income producing asset in the heart of the bowl. To provide market context for how rare, there have been two sales over 5 units in the last year.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-27T09:15:36.573.

    www.recordrre.com/homes/121335148
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    533 Elm Way Edmonds, WA 98020

    • Price: $2,499,000
    • Status: Pending
    • Updated: 34 min ago
    • ID#: 1834581
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,850
    SQFT
    $515
    $/SQFT
    1967
    Built
    Neighborhood:
    Edmonds Bowl
    County:
    Snohomish
    Area:
    SW Snohomish Cty/Lynnwood/Edmonds
    Elementary School:
    Sherwood Elemsw
    Middle School:
    College Pl Mid
    High School:
    Edmonds Woodway High
    School District:
    Edmonds
    Property Description
    The Elm Way Apartments offers spacious two bed, two bath units with fireplaces, vaulted ceilings, brand new kitchens, paint, flooring, and balconies that overlook the Edmonds Bowl and have partial Sound views. There is also a one bath, one bed unit with a spacious & open floor plan. Owner has done a remarkable renovation with high-end features and immaculate attention to every detail inside & out. The building offers secured entry, covered parking, and a property with 0 renovations left to be done. This asset provides a rare opportunity for ownership of a multi-family income producing asset in the heart of the bowl. To provide market context for how rare, there have been two sales over 5 units in the last year.
    Exterior Features

    Carport Spaces 4 Carport YN No Covered Spaces 0 Exterior Features Metal/VinylWood Products Lot Features CurbsPavedSidewalk Open Parking Spaces 0 Open Parking YN No Parking Total 5 Parking Uncovered Spaces 0 Roof Built-Up Structure Type Multi Family Style Code 55 - 5-9 Units View CityPartialSound View YN Yes Waterfront YN No

    Interior Features

    Building Area Total 4850 Cooling YN Yes Fireplace YN No Flooring Ceramic TileLaminate Furnished Unfurnished Heating Cooling Type BaseboardCentral A/C Heating YN Yes Interior Features Ceramic Tile Living Area 0 Square Footage Finished 0 Square Footage Unfinished 0

    Property Features

    Amenities BasementCoin Op LaundryStorage Building Name Elm Way Apartments Electric On Property YN No Energy Source Electric FIRPTAYN No First Right Of Refusal No Foundation Details Block Irrigation Water Rights YN No Listing Terms Cash OutConventional Net Operating Income 106330 New Construction YN No Possession Closing Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Senior Community YN No Sewer Sewer Connected Site Features Cable TvDeckHigh Speed Internet Special Listing Conditions None Tax Annual Amount 12032 Tax Year 2021 Units In Building Total 5 Utilities Cable ConnectedHigh Speed InternetSewer ConnectedElectricity Available Water Source Public Zoning Class Multi-Family Zoning Jurisdiction City

    Listing information © 2021 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Engel & Völkers Federal Way and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Engel & Völkers Federal Way are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-10-27T09:15:36.573.

     
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    Engel & Völkers Federal Way
    2012 S. 320th St. Suite A
    Federal Way WA, 98003
    Listing Courtesy of America's Choice Real Estate.