5707 202nd St SW, Lynnwood, WA 98036

$1,350,000
8,908
SqFt

Listing courtesy of John L. Scott, Inc. Selling Office: John L. Scott, Inc.

Sold Price
$1,350,000
List Price
$1,300,000
Status
SOLD
MLS#
1692421
Closing Date
Dec 22, 2020
Days on Market
7
Style
55 - 5-9 Units
Finished SqFt
8,908
Lot Size (sq ft)
20,473

Property Description

Must See!! Amazing Investment Property in the making, 8 unit apartment building with highly desirable 2 story side by side townhome style units. Spacious Appx 1113 square ft 2 bedroom / 1.5 bath units, Located in a designated Opportunity Zone, The property has been gutted down to the studs, the plumbing rough-in is done and some of the electrical is completed, new windows have been purchased and on site ready for installation. New roof is installed. You can finish the building off with the finishes you want. Permits in hand, 16 parking spaces, Conveniently located near I-5, the future light rail station, shopping, and restaurants. Tons of upside, Hurry this kind of investment opportunity doesn't come on market everyday.

Additional Information

List Date
2020-11-24 00:00:00
Community
Lynnwood
Property Type
MULT
Units
8
Stories
2
Potential Terms
Cash Out, Rehab Loan
Year Built
1980
Total Parking
16
Uncovered Parking
16
Exterior
Wood
Roof
Composition
Lot Details
Dead End Street, Paved Street
School District
Lynden
Tax Year
2020

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.50
Unit 1 Size
1113
Unit 2 Beds
2
Unit 2 Baths
1.50
Unit 2 Size
1113
Unit 3 Beds
2
Unit 3 Baths
1.50
Unit 3 Size
1113
Unit 4 Beds
2
Unit 4 Baths
1.50
Unit 4 Size
1113
Unit 5 Beds
2
Unit 5 Baths
1.50
Unit 5 Size
1113
Unit 6 Beds
2
Unit 6 Baths
1.50
Unit 6 Size
1113
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