5827 204th Street SW, Lynnwood, WA 98036

$1,180,000
3,360
SqFt

Listing courtesy of Better Properties Eastside.

List Price
$1,180,000
Status
ACTIVE
MLS#
1961670
Price Change
▼ $40,000 1664003490
Days on Market
93
Style
54 - 4-Plex
Finished SqFt
3,360
Lot Size (sq ft)
8,712

Property Description

Location! hard to find townhouse style 4-plex in Lynnwood. Excellent investment opportunity. Close to Lynn Park in Ride and all downtown Lynnwood amenities. Lots of on site parking. Coin op laundry on site. All units in above average condition. Please do not disturb tenant. Easy access to I5 and close to future light rail. Fully occupied, All units have no unpaid rent, extremely low vacancies. Each units have 2 parkings, No HOA. Great potential. Please do not disturb tenants. No sign

Additional Information

List Date
2022-07-02 01:51:09
Community
Lynnwood
Potential Terms
Cash Out, Conventional
Year Built
1976
Roof
Flat
School District
Edmonds
Total Monthly Income
$6,250
Gross Scheduled Income
$75,000
Gross Adjusted Income
$75,000
Tax Year
2022
Insurance Expense
$2,118
W/S/G Expenses
$8,600
Total Expenses
$26,880
Net Operating Income
$48,120
Gross Rent Multiplier
16.27
Cap Rate
3.94
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