4010 Shelby Road Unit #1, 2, Lynnwood, WA 98087

$1,250,000
3,046
SqFt

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Listing courtesy of CENTURY 21 North Homes Realty. Selling Office: Globenex Realty.

Sold Price
$1,250,000
List Price
$1,295,000
Status
SOLD
MLS#
2254314
Closing Date
Aug 30, 2024
Days on Market
19
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
3,046
Area Total SqFt
3046
Annual Tax Ammount
8251
Internet Provider
Xfinity
Lot Size (sq ft)
23,958
Sewer
Sewer Connected

Property Description

First time on the market! Rare Lynnwood 2001 duplex on .55 acres w/additional 1056 sq ft 4 individual garages/storage! Each side of the duplex is 1523 sq feet, 3 bd, 2.5 baths, townhome style with 2 car garages, each 390 sq feet. Room to spread out & enjoy this semi-private oasis! Unit 1 has been owner occupied for 6 years, long term tenants in unit 2. Unit 1 has newer fridge, microwave & stove, also newer w/d. Unit 2 has newer fridge, stove, w/d & H20 tank. New furnaces in 2023. New roof 2024. Unit one has laminate & tile on the main floor. Unit 2, carpet & tile. Enjoy expanded back patios in both units, mature trees & shrubs, lots of parking, RV space, privacy hedge, NGPA. Wonderful property for generational living! Mukilteo Schools!

Additional Information

List Date
2024-08-11 00:00:00
Community
Lake Serene
Net Operating Income
$60,202
Gross Adjusted Income
$73,200
Gross Scheduled Income
$73,200
Total Monthly Income
$6,100
Insurance Expenses
$2,083
Gross Rent Multiplier
17.69
Total Expenses
$12,998
Cap Rate
4.7
Total Number of Units
2
Unit Name
4010
Potential Terms
Cash Out, Conventional
Year Built
2001
View
Territorial
Roof
Composition
Site Features
Cable TV, Dog Run, High Speed Internet, Outbuildings, Patio, RV Parking
Other Expenses
2664
Energy Source
Electric, Natural Gas
School District
Mukilteo
Elementary School
Serene Lake Elem
Middle School
Olympic View Mid
High School
Kamiak High
Total Monthly Income
$6,100
Gross Scheduled Income
$73,200
Gross Adjusted Income
$73,200
Tax Year
2024
Insurance Expense
$2,083
Total Expenses
$12,998
Net Operating Income
$60,202
Gross Rent Multiplier
17.69
Cap Rate
4.7
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.
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