116 4th Avenue N, Edmonds, WA 98020
- $2,200,000
- 2,995
- SqFt
Listing courtesy of Windermere RE North, Inc..
- List Price
- $2,200,000
- Status
- ACTIVE
- MLS#
- 2550638
- Days on Market
- 18
- Style
- 52 - Duplex
- Finished SqFt
- 2,995
- Area Total SqFt
- 2995
- Annual Tax Ammount
- 11278
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 3,736
- Sewer
- Sewer Connected
Property Description
Investors!!! A Lucrative Airbnb Grossing +/- $16,700 per month on average. Welcome to the heart of Downtown Edmonds and this beautifully updated 1902 Victorian blending historic charm with modern comfort. Known as the “Besson House”, built by Edmonds founder FR Beeson and added to the Edmonds Historic Registry in 2024. A 2205sf, 4-bedroom, 1.75-bath home with bright and open living spaces, a cozy living room, fully equipped kitchen, spacious dining room with built-ins, main floor bedroom, and ¾ bath all opening to a backyard deck/patio perfect for entertainment overflow. 3 additional bedrooms and full bath on the second level and sweeping views of the Sound and Mountains from the third-floor “bird’s nest.” This inviting, cozy retreat features a comfortable sitting area and a rooftop deck—ideal for morning coffee or evening sunset drinks. Updates include air conditioning, a newer furnace, newer hot water tank, new water line, and much of the plumbing and electrical updated. The "Cottage" is a perfect condo alternative with 790sf, 2 Beds, 1 Bath, open living spaces, and kitchen. A prime location in the heart of the Creative District, just one block from the Main Street Fountain and Farmers Market and just steps to cafes, shops, galleries, restaurants, the Ferry, and the beach. An incredible opportunity to own a rare piece of Edmonds history!
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Additional Information
- List Date
- 2026-07-08 16:11:21
- Community
- Downtown Edmonds
- Net Operating Income
- $168,149
- Gross Adjusted Income
- $203,496
- Gross Scheduled Income
- $203,496
- Total Monthly Income
- $16,700
- Insurance Expenses
- $5,225
- Water/Sewer/Garbage Expenses
- $4,836
- Gross Rent Multiplier
- 10.81
- Total Expenses
- $35,347
- Cap Rate
- 7.6
- Vacancy Rate
- 20
- Total Number of Units
- 2
- Unit Name
- 116
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 1902
- View
- City, Mountains, Sound, Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Patio, Rooftop Deck
- Electric Expenses
- 1608
- Other Expenses
- 10000
- Energy Source
- Natural Gas
- School District
- Edmonds
- Elementary School
- Edmonds Elem
- Middle School
- College Pl Mid
- High School
- Edmonds Woodway High
- Total Monthly Income
- $16,700
- Gross Scheduled Income
- $203,496
- Vacancy Rate
- 20
- Gross Adjusted Income
- $203,496
- Tax Year
- 2026
- Insurance Expense
- $5,225
- W/S/G Expenses
- $4,836
- Total Expenses
- $35,347
- Net Operating Income
- $168,149
- Gross Rent Multiplier
- 10.81
- Cap Rate
- 7.6
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.