5030 212th Street Southwest

Mountlake Terrace, WA 98043

$1,395,000
Price
—
Beds
3,648 Sq. Ft.
$382 / Sq. Ft.
3,648
Sq. Ft.
$382
per Sq. Ft.

Description

Beautifully maintained 4-Plex in "The Village," offering a prime location just minutes from I-5, I-405, and shopping! New roof in 2024! Interior updates include kitchen cabinet, countertops and flooring. Each spacious 2BR/1BA unit features an in-unit washer and dryer. Long-term tenants provide stable income with potential future rent increases. The property includes 4 assigned parking spaces and 4 unassigned spaces. HOA dues cover common area maintenance, landscaping, insurance, garbage, and an on-site...Beautifully maintained 4-Plex in "The Village," offering a prime location just minutes from I-5, I-405, and shopping! New roof in 2024! Interior updates include kitchen cabinet, countertops and flooring. Each spacious 2BR/1BA unit features an in-unit washer and dryer. Long-term tenants provide stable income with potential future rent increases. The property includes 4 assigned parking spaces and 4 unassigned spaces. HOA dues cover common area maintenance, landscaping, insurance, garbage, and an on-site manager. Do not miss out on this incredible investment opportunity! Please do not disturb tenants.
  1. Listed by Joyce Liu • Da Li International Realty LLC

Property Details for 5030 212th Street Southwest

Community Name
Mountlake Terrace
School District
Edmonds
Number of Assigned Spaces
8
Total Covered Parking
0
Entry Date
07-12-2024
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:24 PM

Property Details for 5030 212th Street Southwest

StatusActive
MLS #2264112
Days on Market162
Cumulative Days on Market162
Taxes$8,840 / year
HOA Fees$470 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1969
Lot Size0.21 AC / 9,148 SF
CountySnohomish County

Building Information for 5030 212th Street Southwest

Stories2Residences4Year Built1969Building Size-Lot Size0.21 AC / 9,148 SF

Property Information for 5030 212th Street Southwest

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Site Features: Deck
  • Area: 730 - Southwest Snohomish
  • Effective Year Built Source: Public Records
  • Directions: I-5, 44th St Exit, South 212th St SW to 50th. 4-plex in the 'The Village' community. No Sign on property.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • Open Parking: Yes
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Carpet
  • Features: Ceramic Tile, Laminate, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: Yes
Exterior Features
  • Exterior: Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 8100
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: SCR
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1969
  • Photos Count: 14
Lot Information
  • Lot Details: Dead End Street, Open Space, Paved
  • Lot Size Source: SCR
  • Parcel Number Free Text: 27042800110600
  • Building Condition: Good
  • Calculated Square Footage: 3648
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3648.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Common Interest: Multi-Family
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 4
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 24580
  • Gross Adjusted Income: 81000
  • Gross Rent Multiplier: 17.22
  • Gross Scheduled Income: $81,000
  • Insurance Expense: $2,000
  • Net Operating Income: $56,420
  • Other Expenses: $5,640
  • Total Monthly Income: 6750
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3648.0
  • Leasable Area Units: Square Feet

Property History for 5030 212th Street Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5030 212th Street Southwest

Taxable ValueLand$419,400Additions$591,700Total$1,011,100
Tax Record2023$7,230 ($603 / month)
Home Facts
Baths4Total Finished SqFt3,648 SqFtAbove Ground SqFt3,648 SqFtStories2Lot Size9,148 SqFtStyleQuadraplexYear Built1969ZoningRMMCountySNOHOMISHAPN27042800110600

Schools near 5030 212th Street Southwest

This home is within Edmonds School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Mountlake Terrace Elementary School
PublicK to 6

Brier Terrace Middle School
Public7 to 8

Mountlake Terrace High School
Public9 to 12

Challenge Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5030 212th Street Southwest is a multi-family home for sale in Mountlake Terrace, WA 98043. This property was listed for sale on July 12, 2024 by Da Li International Realty LLC, it's currently listed at $1,395,000. It has been on the market for a total of 162 days and was last sold on September 23, 2016. This listing's school district is Edmonds School District. Nearby schools include Mountlake Terrace Elementary School, Brier Terrace Middle School and Mountlake Terrace High School. 5030 212th Street Southwest is a 0-bed, 0-bath, 3,648 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Da Li International Realty LLC

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.