20029 S Danvers Road, Lynnwood, WA 98036

$1,200,000
3,551
SqFt

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Listing courtesy of KW Greater Seattle. Selling Office: The Preview Group.

Sold Price
$1,200,000
List Price
$1,350,000
Status
SOLD
MLS#
2434862
Closing Date
Nov 25, 2025
Days on Market
36
Style
52 - Duplex
Finished SqFt
3,551
Area Total SqFt
3551
Annual Tax Ammount
9544
Lot Size (sq ft)
7,222
Sewer
Sewer Connected

Property Description

Options abound for this 3,500+ square foot duplex built in 2017. Owner-occupied? Multi-generational housing? Investment property? Seller financed? Each unit features 3 bedrooms, 2.5 baths, gas fireplaces, upstairs laundry and modern finishes including quartz countertops, white shaker cabinets, and stainless steel appliances. Open kitchens overlook family rooms warmed by gas fireplaces. Easy access to I-5, I-405, schools, shopping, transit, and restaurants. More options than a single-family home and more modern than most duplexes available!

Additional Information

List Date
2025-10-20 00:00:00
Community
Lynnwood
Net Operating Income
$42,079
Gross Adjusted Income
$72,000
Gross Scheduled Income
$72,000
Total Monthly Income
$6,000
Insurance Expenses
$1,472
Water/Sewer/Garbage Expenses
$1,125
Gross Rent Multiplier
19.27
Total Expenses
$17,754
Cap Rate
3
Total Number of Units
2
Unit Name
20029
Potential Terms
Cash Out, Conventional
Year Built
2017
View
Territorial
Roof
Composition
Site Features
Cable TV, Fenced-Fully, High Speed Internet
Electric Expenses
71
Other Expenses
5542
Energy Source
Natural Gas
School District
Edmonds
Elementary School
Hilltop ElemHt
Middle School
Brier Terrace Mid
High School
Mountlake Terrace Hi
Total Monthly Income
$6,000
Gross Scheduled Income
$72,000
Gross Adjusted Income
$72,000
Tax Year
2025
Insurance Expense
$1,472
W/S/G Expenses
$1,125
Total Expenses
$17,754
Net Operating Income
$42,079
Gross Rent Multiplier
19.27
Cap Rate
3
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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