8509 244th Street SW, Edmonds, WA 98026

Courtesy of The Preview Group

$7,150,000
14,870
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$7,150,000
Status
ACTIVE
Days on Market
32
MLS#
2555202
Subtype
Residential Income
Style
56 - 10+ Units
Year Built
2021
Living Area
14,870
Lot Size
29,185
Acres
0.67
Subdivision
Edmonds
Neighborhood
Edmonds
Building Name
Hanburys Sound View
MLS Area Major
Southwest Snohomish

Property Description

The Nyland Apartments, a 19-unit multifamily investment opportunity located in highly desirable Edmonds, Washington. Completed in 2021, this charming residential community offers investors the rare chance to acquire a newly constructed property in one of the Puget Sound's most coveted and supply-constrained submarkets. The property sits on approximately one acre of land (51,000+ square feet) zoned for multifamily use, providing long-term flexibility and redevelopment potential in a rapidly growing suburban environment. The Nyland Apartments feature spacious units averaging 783 square feet with high-end interior finishes including: stainless steel appliances, granite countertops, vinyl flooring, and marble-inspired surfaces throughout. Residents benefit from modern living amenities such as air conditioning, in-unit washer and dryer, walk-in closets, and private patios or balconies compelling opportunity for investment.

Additional Information

Amenities
Fire Sprinklers, Storage
Exterior Features
Cement Planked, Wood Products
Property Description
56 - 10+ Units
Flooring
Laminate, Vinyl Plank, Carpet
Heating
Ductless, Radiant
Air Conditioning
Ductless
Roof
Composition
Garage Spaces
3
School District
Edmonds
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks