3429 136th St SW, Lynnwood, WA 98087
- $1,015,000
- 3,360
- SqFt
Listing courtesy of eXp Realty. Selling Office: eXp Realty.
- Sold Price
- $1,015,000
- List Price
- $1,200,000
- Status
- SOLD
- MLS#
- 2267950
- Closing Date
- Nov 08, 2024
- Days on Market
- 14
- Style
- 54 - 4-Plex
- Building Condition
- Remodeled
- Finished SqFt
- 3,360
- Area Total SqFt
- 3360
- Annual Tax Ammount
- 7416
- Lot Size (sq ft)
- 26,136
- Sewer
- Sewer Connected
- Short Sale
- Yes
Property Description
Ready to start or grow your multifamily portfolio? Room to grow rents without rehab! This fantastic 4-plex in a prime Lynnwood location is a don’t miss opportunity. Four spacious 2bed1bath units with remodeled baths, remodeled kitchens with newer cabinets, granite counters and newer appliances. Wash/dryers included in all units. 1 vacant unit to be available for move-in at closing. Take advantage of owner-occupancy financing and/or step into a stabilized investment. The property is tucked into the end of a cul-de-sac with plenty of privacy, outdoor space & parking. New roof installed in 2021 & full exterior paint + new gutters in 2022. 6 uncovered parking spaces & rentable storage units. Mukilteo School District & easy freeway access.
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Additional Information
- List Date
- 2024-10-25 00:00:00
- Community
- Lynnwood
- Net Operating Income
- $73,064
- Gross Adjusted Income
- $82,080
- Gross Scheduled Income
- $86,400
- Total Monthly Income
- $7,200
- Insurance Expenses
- $1,600
- Gross Rent Multiplier
- 13.89
- Total Expenses
- $9,016
- Cap Rate
- 6.09
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 3429
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1979
- Roof
- Composition
- Site Features
- Cable TV
- Energy Source
- Electric
- School District
- Mukilteo
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $7,200
- Gross Scheduled Income
- $86,400
- Vacancy Rate
- 5
- Gross Adjusted Income
- $82,080
- Tax Year
- 2024
- Insurance Expense
- $1,600
- Total Expenses
- $9,016
- Net Operating Income
- $73,064
- Gross Rent Multiplier
- 13.89
- Cap Rate
- 6.09
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.