7221 196th Street SW 7221 196th Street SW 7221 196th Street SW 7221 196th Street SW 7221 196th Street SW 7221 196th Street SW 7221 196th Street SW 7221 196th Street SW 7221 196th Street SW 7221 196th Street SW Location:
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Listing provided courtesy of Keller Williams Eastside

7221 196th Street SW

Lynnwood, WA 98036
106 bed
92 bath
51,311 sqft
$13,500,000
On ZeroDown: 19 days ago

About

The Edgewood North apartments are a rare opportunity to acquire a solid real estate investment with significant upside potential. All 46 units are presently rented. Convenient location for north, south, and east commutes and very close to Edmonds CC. Buildings A - D were built in 1991 and are predominantly 2 bed/2 bath flats. Buildings E - G were built in 19 ... Read more
Status
:
Active
Style
:
10+ Units
MLS #
:
1759818
Community
:
Lynnwood
Year Built
:
1991
Lot Size
:
120,661 sq ft.
Property Type
:
Multi-Family
County
:
Snohomish
Time On ZeroDown
:
20 days
Floor Size
:
51,311 sq ft.
Listed by: Kristi M. Sundquist
Brokerage: Keller Williams Eastside
MLS#: 1759818
Source: NWMLS
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Property Details

Interior Features
Unit 29 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
D-5
Unit 28 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,040
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
D-4
Unit 41 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,054
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
F-5
Unit 27 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,143
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
D-3
Unit 30 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,064
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
D-6
Unit 4 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
A-4
Unit 36 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,192
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
E-4
Unit 38 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,289
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
F-2
Unit 3 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,143
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
A-3
Unit 11 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,143
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
B-3
Multi-Unit Information
Total Expense:
$399,612.0
Vacancy Rate:
3
Gross Scheduled Income:
$895,788.0
Other Expense:
$273,828.0
Insurance Expense:
$14,933.0
Total Monthly Income:
$910,561.0
Cap Rate (NOI/LP):
3.75
Gross Rent Multiplier:
15
Unit 33 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,289
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
E-1
Unit 16 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
B-8
Unit 43 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,289
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
G-2
Unit 17 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
C-1
Unit 37 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,054
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
F-1
Unit 1 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,053
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
A-1
Unit 42 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,054
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
G-1
Unit 26 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,064
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
D-2
Unit 7 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,143
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
A-7
Unit 9 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
B-1
Heating & Cooling
Heating & Cooling:
Wall
Unit 46 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,054
# of Baths:
1.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
G-5
Unit 39 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,289
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
F-3
Unit 2 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,064
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
A-2
Unit 44 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,289
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
G-3
Unit 15 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,143
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
B-7
Unit 40 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,289
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
F-4
Unit 18 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,064
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
C-2
Unit 14 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,064
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
B-6
Unit 34 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,192
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
E-2
Unit 31 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,143
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
D-7
Unit 6 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
A-6
Unit 23 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,143
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
C-7
Unit 13 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
B-5
Unit 10 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,064
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
B-2
Unit 21 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
C-5
Unit 25 Information
# of Beds:
1
Unit Area (Sq. Ft.):
1,040
# of Baths:
1
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
D-1
Unit 45 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,289
# of Baths:
2.5
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
G-4
Unit 8 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
A-8
Unit 20 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
C-4
Unit 12 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,040
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
B-4
Unit 5 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
A-5
Interior Features
Flooring:
Ceramic Tile, Vinyl, Vinyl Plank, Carpet
Unit 24 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
C-8
Unit 19 Information
# of Beds:
3
Unit Area (Sq. Ft.):
1,143
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
C-3
Unit 35 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,192
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
E-3
Unit 22 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,064
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
C-6
Unit 32 Information
# of Beds:
2
Unit Area (Sq. Ft.):
1,056
# of Baths:
2
Has Refrigerator:
Yes
Has Dishwasher:
Yes
Has Range/Oven:
Yes
Has Washer/Dryer:
Yes
Unit Number:
D-8
Exterior Features
Exterior Features
Exterior Features:
Metal/Vinyl, Other (See Remarks)
Roof:
Composition
Building Information
Foundation:
Poured Concrete
Structure Type:
Multi Family
Details provided by NWMLS and may not match the public record.

Disclaimer: The information contained in this listing has not been verified by Keller Williams Eastside and should be verified by the buyer.

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Frequently Asked Questions

How many beds, baths, and sq. ft. does this home have?
7221 196th Street SW is a 51311 sq ft house with 106 beds and 92 baths.
What’s the current price of this home?
7221 196th Street SW is currently priced at 13,500,000.
How many photos are available for this home?
ZeroDown has 11 photos of 7221 196th Street SW.
Is 7221 196th Street SW in a quiet neighborhood?
Ambient noise level around this home is 60 - 70 dBA, classified as Loud - Safe listening for any time period. Sounds like conversational speech.
What are the internet/broadband options for 7221 196th Street SW?
Get into the gaming mode with 987.0+ Mbps download speeds available on this block powered by COMCAST CABLE COMMUNICATIONS, LLC.
What are the nearest hospitals/urgent care centers for 7221 196th Street SW?
1 urgent care centers at a driving distance of 10 mins. 5 hospitals at a driving distance of 10 mins.
What are the school options for 7221 196th Street SW?
The nearby elementary school, middle school and high school quality ratings from Niche are very similar. If you have children and desire a consistent school experience as they grow up, this home may be a good place to plant long-term roots. Maplewood Parent Cooperative (#113 in state), Challenge Elementary School (#111 in state) among 3 A+/A/A- rated public elementary schools in the district. Ratings and rankings are from Niche. Maplewood Parent Cooperative (#37 in metro), Meadowdale Middle School (#133 in state), Madrona School (#87 in state) among middle schools in the district. Ratings and rankings are from Niche. Meadowdale High School (#41 in metro) among high schools in the district. Ratings and rankings are from Niche.
When was this home built?
7221 196th Street SW was built in 1991.
How long has this home been listed on ZeroDown?
7221 196th Street SW has been on ZeroDown for 19 days.
How is the air quality around 7221 196th Street SW?
Air quality around the home was good for about 356 days.
Are there electric charging stations around 7221 196th Street SW?
19 electric car charging points within a 5-minute driving distance, this is relatively higher than nearby neighborhoods.
What are the public transportation options for 7221 196th Street SW?
196th St SW & Heinz Pl (Community Transit BUS) station is within walking distance Edmonds (Washington State Ferry) ferry is within a 15 min drive
What are the grocery and delivery options for 7221 196th Street SW?
1 grocery stores at a walking distance of 2-5 mins.
How does it feel to live in 98036 zip code?
44.14% of the households in this zip code(98036) are renter-occupied.
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