127 N Olympic Ave

    Arlington, WA 98223
    • $499,950
    • STATUS: Pending
    • ON SITE: 136 days
    • ID#: 1418019
    Under Contract
    UPDATED: 163 min ago
    $499,950
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1945
    County:

    School Ratings & Info

    Listing Courtesy of Kw Everett.

    Description

    Investor Alert!This Commercial/Retail/MF space offers SO much opportunity w/room for expansion or maybe your fresh new vision.Currently Electric Beach Tanning Salon(no lease),Farmers Insurance(leased) & 2 rooftop apartments! 1 bed/1 bth @rear (MTM)and 2 bed/1bth @front(seller occ.) Covered balcony overlooking the park and westerly sunsets.HUGE attached workshop in rear and one car detached garage @ alley that could easily convert to extra instant $ cash flow.As-is sale,buyer to verify all..

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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 Keller Williams Realty Greater Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-17T00:16:07.267.

    www.nwhomehunter.com/homes/92297384

    127 N Olympic Ave Arlington, WA 98223

    • Price: $499,950
    • Status: Pending
    • Updated: 163 min ago
    • ID#: 1418019
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    1945
    Built
    Neighborhood:
    Downtown
    County:
    Snohomish
    Area:
    NW Snohomish Cty/Marysville/Tulaip
    Property Description
    Investor Alert!This Commercial/Retail/MF space offers SO much opportunity w/room for expansion or maybe your fresh new vision.Currently Electric Beach Tanning Salon(no lease),Farmers Insurance(leased) & 2 rooftop apartments! 1 bed/1 bth @rear (MTM)and 2 bed/1bth @front(seller occ.) Covered balcony overlooking the park and westerly sunsets.HUGE attached workshop in rear and one car detached garage @ alley that could easily convert to extra instant $ cash flow.As-is sale,buyer to verify all..
    Exterior Features

    Building Condition Average Construction Methods Steel & ConcreteStandard Frame Exterior Cement/ConcreteWood Foundation Poured Concrete Lot Depth 120 Lot Dimensions 38 X 120 Lot Topography And Vegetation Level Roof CompositionFlatTorch Down Site Frontage 38 Style 60 - Comm Bldg Und 10K Total Covered Parking Spaces 1 Total Uncovered Parking Spaces 0 Waterfront Footage 0

    Interior Features

    Building Sq Ft 4416 Floor Covering HardwoodVinylWall to Wall Carpet Office Sq Ft 2908 Total Sq Ft Rented 1300

    Property Features

    Assessed Value Improvements 186700 Assessed Value Land 100300 Assessed Value Total 287000 Assessed Value Year 2018 Available Pads 0 Bank Owned No Boundary Survey 0.00 Cap Rate N Commercial Features Storage Electrical Expenses 0 Energy Source ElectricNatural GasOil Environment Survey N EPSEnergy 0 Expansion Area N Form17 Provided Free And Clear N General Zoning Classification CommercialRetailSee Remarks Gross Adjusted Income 7337 Gross Rent Multiplier 0 Gross Scheduled Income 19080 Heating Expenses 2760 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1548 Lot Number 17 Net Operating Income 19080 Other Expenses 0 Pad Ready N Possession Negotiable Power Company Sno Pud Power Service Amps 0 Right Of First Refusal No Sewer Sewer Connected Sewer Company City Of Arlington Tax Amount 2995 Tax Year 2018 Terms Cash OutConventional Third Party Approval Required None Total Expenses EXP 0 Total Expenses TEX 0 Total Monthly Rent 1590 Vacancy Rate 60 Water Company City Of Arlington Water Sewer Garbage 6360 Water Source Public Zoning Jurisdiction City

    Listing information © 2019 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 Keller Williams Realty Greater Seattle 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 Keller Williams Realty Greater Seattle are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-07-17T00:16:07.267.

     
    Keller Williams Realty Greater Seattle
    1307 N 45th St Suite 300
    Seattle WA, 98103
    Listing Courtesy of Kw Everett.