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Sold on 07/15/2021

2526 196th St SE, Bothell, WA 98012

  • $1,559,000

    Last sold 07/15/2021 for $1.35M

  • —

    bed

  • —

    bath

  • 3,240

    Sqft ($417/Sqft)

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About 2526 196th St SE

Property type House
Neighborhood
Year built 1984
HOA fee $0/month
Lot size 0.41 Acre
Movoto estimate
Property description
Very rare and even better shape is this remarkable 4 Plex on the edge of Mill Creek and Bothell. Shy half acre, completely renovated, newer roof, landscaping, painting interior upgrades Etc. Each unit has a private/patio, great layouts, exceptional location vacancy rate is zero. Income producing laundry facility on site that brings shy of $1000 per year, each unit has private parking & a storage unit. PLUS RV, Boat and Extra parking fully fenced for additional income or private use. Surrounded by new construction and rents can be increased as loyal tenants all on leases would LOVE to stay because of its ease to Freeways, townships, shopping, Etc. Zoned LDMR this perfect. PLEASE do NOT bother the current tenants! This complex is a Nest egg.
Listed by
Listing Agent - Christopher Gough
Listing Office - The Preview Group
Source: NWMLS mls logo
MLS#1770449 • last updated 1 year ago
Movoto checked NWMLS for data 5 minutes ago
Overview
Levels/Style Quadruplex
MLS # 1770449
SubType Multi-Family
Type Residential Income
SqFt 3240
Status Sold
Lot Size (SqFt) 17860
Lot Size (Acres) 0.41
Property Tax 7759
Year Built 1984
Buying Office Phone 206-522-8172
Condition Very Good
Interior
Exterior
Foundation Poured Concrete
Roof Composition
# Open Parking Spaces 20
Parking Desc RV Parking
# Parking Spaces 8
# Uncovered Spaces 20
Exterior Features Wood
Amenities / Utilities
Green Features: Energy Efficient Thermal Windows
Sewer/ Septic Sewer Connected, PUD
Water Private
Water Company City Of Bothell
Power Company PSE
Power Production: Type Electric
Security Features FullyFenced
HOA Amenities Coin Op Laundry, Storage, Thermal Windows
Location
View Territorial
County Snohomish
Subdivision Mill Creek
Area 610 - Southeast Snohomish
Elementary School Crystal Springs Elem
Middle School Skyview Middle School
High School District Northshore
High School North Creek High School
APN 70380000010000
Directions Bothell Everett Hwy Take 196th St SE. Complex Is Up On The Right
Zoning Multi-Family
Multifamily Details
Net Operating Income 57266
Capitalization Rate 3.8
Expense: Insurance 2760
Expense: Electricity 450
Gross Scheduled Income 71835
Gross Adjusted Income 57266
Total Expenses 14569
Gross Rent Multiplier 21
Nwm_Totalmonthlyincome 5985
Lot/ Land Details
Site Features Deck, Fenced-Partially, High Speed Internet, Patio, RV Parking
$1.55M
Range: $1.1M-$2.01M
Last 30 days 
Rental est.: $1,453/month
Gross rent multiplier: 84.6
Powered By Movoto
  • Jul 2021
    mls logo MLS # 1770449
  • Jul 15, 2021 Sold
    $1,350,000 (-8.5%)
  • Jun 1, 2021 Pending
    —
  • May 20, 2021 Price Change
    $1,474,900 (-1.7%)
  • May 7, 2021 Listed
    $1,499,950
  • 2526 196th St SE
    $1.35M
  • Thrasher's Corner-Red Hawk
    $1.14M -21% y/y
  • 98012
    $739K -15% y/y
  • Bothell
    $833K -12% y/y
No chart available
Statistics calculated by Movoto

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7/10
Canyon Creek Elementary School
public Grades PK, K-5
Northshore School District
6/10
Skyview Middle School
public Grades 6-8
Northshore School District
8/10
North Creek High School
public Grades 9-12
Northshore School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • 2526 196th St SE
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