3520 132nd Street SW, Lynnwood, WA 98087
- $1,600,000
- 5,200
- SqFt
Listing courtesy of Pacific Northwest Realty. Selling Office: KW Greater Seattle.
- Sold Price
- $1,600,000
- List Price
- $1,650,000
- Status
- SOLD
- MLS#
- 2217386
- Closing Date
- Apr 30, 2024
- Days on Market
- 14
- Style
- 54 - 4-Plex
- Building Condition
- Very Good
- Finished SqFt
- 5,200
- Area Total SqFt
- 5200
- Annual Tax Ammount
- 9388
- Lot Size (sq ft)
- 17,860
- Sewer
- Sewer Connected
Property Description
4 units. Unique property. Two 3-bedroom 2+ bath duplexes on one lot. Four units total 12 bedrooms 8 ½ baths 5200 sq.ft. w/extra storage lockers. Duplex #3518 built in 2005- 3 bedroom 2 ½ baths townhouse style units w/1404 sq.ft., open floor plans, kitchen sitting bars, 2 car attached garages, gas furnace heat & water, fenced backyard areas, very private settings, lots of extra parking. Duplex #3520 built in 1976- 3 bedroom 2 bath rambler style units w/tiled entry, open floor plans, tiled dining rooms & kitchens, large bedrooms, primary with baths and mirrored closets, sliders to private fenced backyards, storage shed, firepit and rv parking. Complex has 5 extra storage units that can be rented separately for added income. Rare find/setting.
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Additional Information
- List Date
- 2024-04-16 00:00:00
- Community
- Alderwood
- Net Operating Income
- $83,412
- Gross Adjusted Income
- $83,412
- Gross Scheduled Income
- $100,800
- Total Monthly Income
- $8,400
- Insurance Expenses
- $2,300
- Water/Sewer/Garbage Expenses
- $5,700
- Gross Rent Multiplier
- 16
- Total Expenses
- $17,388
- Cap Rate
- 5.2
- Vacancy Rate
- 2
- Total Number of Units
- 4
- Unit Name
- 3520
- Potential Terms
- Cash Out, Conventional, FHA, Owner Financing, VA Loan
- Year Built
- 1976
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Gas Available, Outbuildings, Patio, RV Parking
- Energy Source
- Natural Gas
- School District
- Mukilteo
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $8,400
- Gross Scheduled Income
- $100,800
- Vacancy Rate
- 2
- Gross Adjusted Income
- $83,412
- Tax Year
- 2023
- Insurance Expense
- $2,300
- W/S/G Expenses
- $5,700
- Total Expenses
- $17,388
- Net Operating Income
- $83,412
- Gross Rent Multiplier
- 16
- Cap Rate
- 5.2
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.