20525 Poplar Way, Lynnwood, WA 98036

$812,500
1,943
SqFt

Listing courtesy of Windermere Real Estate M2 LLC.

List Price
$812,500
Status
PENDING
MLS#
2294937
Days on Market
9
Style
52 - Duplex
Building Condition
Good
Finished SqFt
1,943
Area Total SqFt
1943
Annual Tax Ammount
6507
Internet Provider
Xfinity
Lot Size (sq ft)
12,632
Sewer
Available
Offer Review Date
2024-10-02

Property Description

Prime Location Duplex! This charming, one-level duplex is perfectly situated just minutes from I-5, 405, the Lynnwood Light Rail Station, Alderwood Mall, & a variety of restaurants & attractions. One side is owner-occupied, while the other is tenant-occupied, providing immediate rental income. Each unit welcomes you with a bright & inviting living/dining area that flows seamlessly into the kitchen. The primary bedroom features a private ¾ bath & slider access to the serene rear yard, while the 2nd bedroom offers ample space & nearby convenience. Both units include outdoor living areas, a guest bath, propane stove for additional heat, & laundry/storage space in the attached 1-car garage. Plus, there’s an extra parking space!

Additional Information

List Date
2024-09-27 18:22:09
Community
Alderwood Manor
Net Operating Income
$10,193
Gross Adjusted Income
$18,900
Gross Scheduled Income
$18,900
Total Monthly Income
$1,575
Insurance Expenses
$2,200
Total Expenses
$8,707
Total Number of Units
2
Unit Name
20525
Potential Terms
Cash Out, Conventional
Year Built
1985
View
Territorial
Roof
Cedar Shake
Site Features
Deck, Fenced-Partially, High Speed Internet, Propane
Energy Source
Electric, Propane
School District
Edmonds
Elementary School
Hazelwood Elem
Middle School
Alderwood Mid
High School
Mountlake Terrace Hi
Total Monthly Income
$1,575
Gross Scheduled Income
$18,900
Gross Adjusted Income
$18,900
Tax Year
2024
Insurance Expense
$2,200
Total Expenses
$8,707
Net Operating Income
$10,193
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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