4632 176th Street SW, Lynnwood, WA 98037

$1,098,880
3,188
SqFt

Listing courtesy of Kelly Right RE of Seattle LLC.

List Price
$1,098,880
Status
PENDING
MLS#
2295389
Days on Market
9
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,188
Area Total SqFt
3188
Annual Tax Ammount
6574
Lot Size (sq ft)
8,276
Sewer
Sewer Connected
Offer Review Date
2024-10-02

Property Description

Incredible Townhome Style Triplex In Prime Lynnwood Location. Unit A is a bit larger with 3 bed, 1.75 bath, 2 designated parking spots, fully updated with quality finishes that include quartz countertops & stainless steel appliances. Unit B & C have 2 bed, 1.5 bath & 2 designated front parking spots. All units equipped with stackable washer & dryer, all appliances, private patios & situated on a dead end street with extra privacy. This building also has designated guest parking. Conveniently close to the Light Rail Station, Lynnwood City Center, Alderwood Mall, Dining, Costco, Shopping, Cinemas,I-5/4-05 & everything Lynnwood has to offer. A ideal investment for those looking to capitalize on a growing area. Don't miss this rare opportunity!

Additional Information

List Date
2024-09-27 05:28:09
Community
Lynnwood
Net Operating Income
$65,594
Gross Adjusted Income
$80,328
Gross Scheduled Income
$80,328
Total Monthly Income
$6,694
Insurance Expenses
$1,200
Water/Sewer/Garbage Expenses
$3,528
Gross Rent Multiplier
13.05
Total Expenses
$14,734
Cap Rate
5.97
Vacancy Rate
4
Total Number of Units
3
Unit Name
4632
Potential Terms
Cash Out, Conventional
Year Built
1981
Roof
Composition
Site Features
Fenced-Partially, Outbuildings, Patio, RV Parking
Other Expenses
3432
Energy Source
Electric
School District
Edmonds
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$6,694
Gross Scheduled Income
$80,328
Vacancy Rate
4
Gross Adjusted Income
$80,328
Tax Year
2024
Insurance Expense
$1,200
W/S/G Expenses
$3,528
Total Expenses
$14,734
Net Operating Income
$65,594
Gross Rent Multiplier
13.05
Cap Rate
5.97
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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