318 3rd Avenue

Edmonds, WA 98026

About this property

Edmonds Bowl Triplex is being offered for the first time in over 45 years, presenting a rare opportunity to acquire a well-located asset in one of Edmonds' most desirable neighborhoods. Seller financing is available for qualified buyers with flexible terms-please reach out for details. Ideally positioned in the heart of Downtown Edmonds, just blocks from Main Street and the waterfront, this property offers exceptional walkability and long-term tenant appeal. Upper-level units feature attractive water, mountain, and territorial views, further enhancing desirability. The property showcases classic mid-century architecture centered around a private courtyard, creating a unique and inviting atmosphere for residents. Additional amenities include common laundry, storage, five off-street parking stalls, and a spacious two-car garage. This is a compelling value-add opportunity with clear upside through interior upgrades and operational improvements. With an irreplaceable location, strong existing fundamentals, and multiple paths to increased income, this offering is ideal for investors seeking stability, upside, and long-term appreciation.

About this property

Edmonds Bowl Triplex is being offered for the first time in over 45 years, presenting a rare opportunity to acquire a well-located asset in one of Edmonds' most desirable neighborhoods. Seller financing is available for qualified buyers with flexible terms-please reach out for details. Ideally positioned in the heart of Downtown Edmonds, just blocks from Main Street and the waterfront, this property offers exceptional walkability and long-term tenant appeal. Upper-level units feature attractive water, mountain, and territorial views, further enhancing desirability. The property showcases classic mid-century architecture centered around a private courtyard, creating a unique and inviting atmosphere for residents. Additional amenities include common laundry, storage, five off-street parking stalls, and a spacious two-car garage. This is a compelling value-add opportunity with clear upside through interior upgrades and operational improvements. With an irreplaceable location, strong existing fundamentals, and multiple paths to increased income, this offering is ideal for investors seeking stability, upside, and long-term appreciation.

Features and Additional Information

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$1,225,000 Active
3,584 sqft

Presented By Coldwell Banker 360 Team

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Get in touch today! Phone: 1-360-675-5915
Brokerage
Paragon Real Estate Advisors
1-206-623-8880
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Area Information

730 Southwest Snohomish | Snohomish County | Edmonds Bowl

$ 1,225,000
This listing is play_arrow 2.0% lower than the average in the area
$ 1,250,000 in the area
3,584 SqFt
This listing is play_arrow 124.0% larger than the average in the area
1,600 SqFt in the area
$ 342 $/SqFt
This listing is play_arrow 56.3% less than the average in the area
$ 781 $/SqFt in the area
85 days on site
This listing is play_arrow 15.8% below the average in the area
101 days on site in the area

Schools in the Area

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Listed By Will Douglas
Brokerage: Paragon Real Estate Advisors

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