$320,000
 $1,718 est/mo Sourced by Back At You

22703 Lakeview Drive E1,Mountlake Terrace, WA 98043

Mountlake Terrace, WA 98043

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Description

INVESTOR / LANDLORD CASH-FLOW SPECIAL - NO RENTAL CAP! Rare opportunity for a 1,335 sq ft, 3-bed / 1.5-bath end-unit townhome in Lake Village with unrestricted rental potential. Ideal buy-and-hold rental asset or sweat-equity project walking distance to the Mountlake Terrace Light Rail Station, Interurban Trail, and Lake Ballinger. Projected Rent: $2,500-$2,700/month for 3-bedroom layout. HOA Dues $627 a month includes water, sewer, garbage, common grounds, pool, clubhouse, and earthquake insurance. Priced aggressively for AS-IS sale. Cash, hard money, or portfolio/non-warrantable conventional financing only. Seller is ready to review clean offers. Bring your contractor or portfolio crew and capture immediate equity.

Details

MLS #2542750
Listing TypeFor Sale
StyleCondominium
Building NameLake Village
HOA Dues$627
Sub-TypeResale
StatusActive
Year1980
Days On Site127
Listing Provided ByKelly Right RE of Seattle LLC | Mesa Yee

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,335
Car PortYes
Story(s)2
Acreage0.01
Property ViewYes

Taxes

Property1651

Area Information

StateWA
CountySnohomish
CityMountlake Terrace
Zip Code98043
Area730 Southwest Snohomish
Community NameLake Ballinger
School DistrictEdmonds Woodway High
Elementary SchoolWestgate ElemWg
High SchoolEdmonds Woodway High
Listing VS Median (in Lake Ballinger)
Price:
$320,000
low | high
Med:
$919,000
100% of Average
sqft:
1,335
low | high
Med:
2,262
19.438202247191% of Average
$ / sqft:
$240
low | high
Med:
$406
19.493948938992% of Average
On site:
127
low | high
Med:
8
100% of Average
Sourced by Back At You

Market Activity 98043

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Learn More About This Property

StateWA
CountySnohomish
CityMountlake Terrace
Zip Code98043
Area730 Southwest Snohomish
Community NameLake Ballinger
School DistrictEdmonds Woodway High
Elementary SchoolWestgate ElemWg
High SchoolEdmonds Woodway High
Listing VS Median (in Lake Ballinger)
Price:
$320,000
low | high
Med:
$919,000
100% of Average
sqft:
1,335
low | high
Med:
2,262
19.438202247191% of Average
$ / sqft:
$240
low | high
Med:
$406
19.493948938992% of Average
On site:
127
low | high
Med:
8
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $240K - $400K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
7219 224th Street K1 Property Photo 1
$399,900
7219 224th Street K1
Edmonds, WA 98026
Listing Updated: October 28, 2026 at 1:32:51 PM PDT