PROPERTIES SOLD
Sold Property Information
Lakeview Terrace
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Details:
Name: Lakeview Terrace
Address: 418 75th Street SE
City: Everett
Units: 21
Offered Price: $2,200,000
Sold Price: $2,200,000
Neighborhood: Snohomish-County
Investment Highlights:
-W/D In Units
-Copper Plumbling
-New Vinyl Windows
Description:
Constructed in 1968, this two-story apartment building in South Everett consists of 21 units with ample parking including 6 garages. The building has been recently updated with new vinyl windows and has a newer roof. Its wood-frame construction, marble-create exterior and torched-down roof provide a low-maintenance and well-built structure against the Northwest’s wet climate. Some units enjoy the view of nearby Beverly Lake.

The building consists of 18 two-bedroom/one-bath units, 1 one-bedroom/one-bath unit and 2 three-bedroom/one-bath units. Each unit is very large, with the two-bedroom units running approximately 900 square feet and the three-bedroom units running approximately 1400 square feet. The lone one-bedroom unit can be converted back to a three-bedroom apartment as half of the unit is currently being used as storage for the owner. Most units have a full washer/dryer set while a few only have hookups. Some units have been updated with new appliances, shower surrounds, lighting, vinyl flooring, new baseboard heaters and wall heaters.
Selling Agent
Steve Fischer
Phone:
(206) 505-9435
Fax:
(206) 505-9439
Email:
fischer@
westlakeassociates.com
Co-Selling Agent
Scott Wilme
Phone:
(206) 505-9432
Fax:
(206) 505-9439
Email:
scott@
westlakeassociates.com