Price Reduction - Lease to Own
Listing Provided Courtesy Of:
Realty One Group Enterprise and NWMLS
Address
127 N Olympic Avenue Arlington, WA
Price
$ 659,250
Property Attributes
  • ML#1633311
  • TypeCommercial
  • CountySNOHOMISH
  • CityArlington
  • AreaNorthwest Snohom
  • NeighborhoodArlington
  • Zip98223
  • StyleComm Bldg Und 10K
  • Year Built1945
  • Taxes5576
  • Price$ 659,250
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Realty One Group Enterprise and NWMLS
Property Description

ATTENTION Multi Family, Commercial Business Owners & Retail Investors. Here is a golden opportunity for a fully permitted build out of 5 apartment units & 2-3 retail spaces. Permits have all been approved & conceptual design will make it the best in DT Arlington. Currently 2 tenants retail & resident that will not effect renovation. Demo is done & cleaned up ready for you to start renovation. Projected CAP Rate brings you to almost to 9% & collect income while building out this amazing property.

Price History
8/6/2020 Listed $750,000
9/15/2020 4% - $725,000
11/5/2020 5% - $695,000
1/14/2021 6% - $659,250

General Features

Property SubType Commercial Industrial
Property Type Commercial Sale
Roof Composition, Flat, Torch Down
Standard Status Active
Structure Type Unspecified
Water Company City of Arlington

Interior Features

Power Production Type Electric, Natural Gas

Exterior Features

Lot Dimensions 38 x 120
Lot Size Units Square Feet
Site Frontage 38

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 98223

Price
AVG $1.44M
$660K
Taxes
AVG $4,340
$5,576
Visits
AVG 113
62
Year Built
AVG 1958
1945
Walkscore
AVG 38
77
Data Provided by Walkscore ® not using MLS data

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