MLS #2521636 / Listing provided by NWMLS & Paragon Real Estate Advisors.
$1,500,000
324 3rd Avenue S
Edmonds,
WA
98020
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Garage Spaces: 2
- Parking Total: 7
- Total Uncovered Parking Spaces: 5
Structure
- Roof: Composition
- Exterior Features: Brick, Wood, Wood Products
- Foundation: Poured Concrete
Lot Details
- Acres: 0.2
- Foundation: Poured Concrete
Schools
- High School District: Edmonds
Lot Details
- Acres: 0.2
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water, Sewer, and Garbage: 8185
Amy Flippo
Broker | REALTOR®
Send Amy Flippo an email