Unique investment opportunity. Double your money in less than 2 years. If you would like to buy at a $194k discount to today's prices and don't need the house for a year or more, please read on. This spacious 5 bedroom 2.5 bath south Edmonds tri-level is in an excellent location near Chase Lake. Convenient to three I-5 exits, Hwy 99 shopping and the downtown Edmonds waterfront. The huge kitchen is a cooks dream with tons of counter space, 46 cabinets including 3 lazy Susans, 19 drawers, a planning desk and separate eating space. An arched brick pass-thru to the family room includes a matching brick wood fireplace with gas starter bar. No kindling needed. There is also a formal dining room and large living room with another stone fireplace. This 3526 sq. ft. home features tons of storage including a 10' x 18' room of shelves on the main level. There are also 2 generous sized out-buildings and a large partially floored attic not included in the above square footage. A 366 sq. ft. unfinished bonus room with outside entrance provides significant ($100k+) improvement potential. The downstairs also includes a large finished rec room with wet bar, a half bath with laundry and the 5th bedroom. The upper level has 4 bedrooms including the 450 sq. ft. master suite with walk-in closet and ¾ bath with separate vanity. A full bath serves the other 3 bedrooms. Professional security system with hi-tech computer, TV and telephone wiring to nearly every room. A modern multi-line business phone/intercom system is included. A new forced air gas furnace was installed last year. The gardens include Rhodies, ferns, redwoods and fruit trees and buffer the house from the street. Must be seen to be appreciated. Newer roof and covered parking for 1 vehicle with room for 4 more in the one year old driveway. All this offered at $194,528 below Zillow! What's the catch? We are retiring and want a one year minimum leaseback while we look for our new location. Plus while very comfortable as-is, this house is dated (built in '65 and remodeled in '75) and some would choose to update a few areas. The price here provides plenty of room for both. Compare cost per square ft. with anything else within miles. If you want to take advantage of the current low interest rates and this rapidly appreciating market, my leaseback payments can pay more than the interest on your loan. With the $194k discount offered here plus the $100k for finishing the bonus room, you can more than double your down payment in 1-2 years, not counting the future market appreciation. $838,058 obo before June 15. Qualified buyers please call Tom at 206 361 4800 for more information or to schedule an appointment to see this unique home. More pictures to follow. Buyers agents welcome. No prospective listing agents PLEASE.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
