3208 156th Street Unit #1 & 2, Lynnwood, WA 98087
- $1,495,000
- 2,552
- SqFt
Listing courtesy of Tapp & Co..
- List Price
- $1,495,000
- Status
- ACTIVE
- MLS#
- 2233293
- Days on Market
- 5
- Style
- 52 - Duplex
- Building Condition
- Remodeled
- Finished SqFt
- 2,552
- Area Total SqFt
- 2552
- Annual Tax Ammount
- 7100
- Lot Size (sq ft)
- 14,375
- Sewer
- Sewer Connected
Property Description
This townhouse-style Duplex is conveniently situated. Each unit features 2 bedrooms plus a den, 1.75 baths, a private yard, ample parking, and a private garage. Both units are updated with a modern kitchen, baths, and appliances. Renovated in 2015/2016, including landscaping, plumbing, electrical panels and upgrades, roof, kitchen/bath cabinets, quartz countertops, appliances, hot water heaters, paint, and flooring. The property, on a large 14,375sqft corner lot zoned MR, has potential for up to 7 units (buyer to verify). Well-maintained and versatile – ideal for owner-occupiers or investors. What a fantastic opportunity!
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Additional Information
- List Date
- 2024-05-14 19:16:50
- Community
- North Lynnwood
- Net Operating Income
- $46,645
- Gross Adjusted Income
- $57,360
- Gross Scheduled Income
- $57,360
- Total Monthly Income
- $4,780
- Insurance Expenses
- $1,943
- Water/Sewer/Garbage Expenses
- $1,672
- Gross Rent Multiplier
- 26
- Total Expenses
- $10,715
- Cap Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 3208
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1977
- Roof
- Composition
- Site Features
- Fenced-Partially
- Energy Source
- Electric
- School District
- Edmonds
- Total Monthly Income
- $4,780
- Gross Scheduled Income
- $57,360
- Gross Adjusted Income
- $57,360
- Tax Year
- 2023
- Insurance Expense
- $1,943
- W/S/G Expenses
- $1,672
- Total Expenses
- $10,715
- Net Operating Income
- $46,645
- Gross Rent Multiplier
- 26
- Cap Rate
- 3
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