14025 61st Place W, Edmonds, WA 98026
- $1,434,000
- 4,220
- SqFt
Listing courtesy of List4FlatFee.com, LLC.
- List Price
- $1,434,000
- Status
- ACTIVE
- MLS#
- 2499588
- Price Change
- ▼ $25,000 1788225448
- Days on Market
- 151
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 4,220
- Area Total SqFt
- 4220
- Annual Tax Ammount
- 10404
- Lot Size (sq ft)
- 12,633
- Sewer
- Sewer Connected
Property Description
Quality-built 4-plex on a 12,633 sq. ft. lot. On a greenbelt. Ocean view across the street.1 mile to the beach. Saltwater breeze reaches units. Oversized patios & balconies. Soundproof bubble concrete subfloors; see picture. Hardwood floors. Granite countertop. New double-thick glass windows. New doors and millwork. 2 new bathtubs & all faucets. New gutters and downspouts. New Aqua-Pex water line. Walk to school. 5 miles to Alderwood Mall, I-5, 405. In an area of multi-million-dollar houses. 2 coin op laundries. 4 storage units, 8 personal parking spaces. Only 6 tenants, no pets. Gross scheduled: $106,872. Proof of funds.
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Additional Information
- List Date
- 2026-04-02 20:28:12
- Community
- Picnic Point
- Net Operating Income
- $85,781
- Gross Adjusted Income
- $101,100
- Gross Scheduled Income
- $101,100
- Total Monthly Income
- $8,425
- Insurance Expenses
- $865
- Water/Sewer/Garbage Expenses
- $3,600
- Gross Rent Multiplier
- 14.18
- Total Expenses
- $15,319
- Cap Rate
- 5.98
- Total Number of Units
- 4
- Unit Name
- 14025
- Potential Terms
- Cash, Conventional
- Year Built
- 1978
- View
- Territorial
- Roof
- Composition
- Electric Expenses
- 200
- Other Expenses
- 250
- Energy Source
- Electric, Wood
- School District
- Mukilteo
- Elementary School
- Picnic Point Elem
- Middle School
- Harbour Pointe Mid
- High School
- Kamiak High
- Total Monthly Income
- $8,425
- Gross Scheduled Income
- $101,100
- Gross Adjusted Income
- $101,100
- Tax Year
- 2026
- Insurance Expense
- $865
- W/S/G Expenses
- $3,600
- Total Expenses
- $15,319
- Net Operating Income
- $85,781
- Gross Rent Multiplier
- 14.18
- Cap Rate
- 5.98
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.