15320 40th Ave W

    Lynnwood, WA 98087
    • $799,950
    • STATUS: Active
    • ON SITE: 5 days
    • ID#: 1291917
    New On Site 5 Days Ago
    UPDATED: 39 min ago
    $799,950
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,812
      SQFT
    • $210
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1980
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Berkshire Hathaway Hs Sp.

    Description

    Investor Opportunity! 4-Plex with townhouse style units in very peaceful setting. Terrific floor-plans " each unit nearly 1,000 sqft. 2 bedrooms & 1.5 bathrooms, living room with fireplace, dining, kitchen, 2 parking spaces per unit and separate rear decks. Additional parking for guests. Quiet, wooded setting at end of cul-de-sac. Solid building. Low rents. Close to shopping, restaurants, etc. Easy to rent. Long term tenants. 5% cap rate with opportunity to increase.

    Monthly Payment Calculator

    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pettruzzelli Team at Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-21T10:14:53.877.

    www.biglittlehome.com/homes/83595077

    15320 40th Ave W Lynnwood, WA 98087

    • Price: $799,950
    • Status: Active
    • Updated: 39 min ago
    • ID#: 1291917
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    3,812
    SQFT
    $210
    $/SQFT
    1980
    Built
    Neighborhood:
    Alderwood
    County:
    Snohomish
    Area:
    SW Snohomish Cty/Lynnwood/Edmonds
    School District:
    Edmonds
    Property Description
    Investor Opportunity! 4-Plex with townhouse style units in very peaceful setting. Terrific floor-plans " each unit nearly 1,000 sqft. 2 bedrooms & 1.5 bathrooms, living room with fireplace, dining, kitchen, 2 parking spaces per unit and separate rear decks. Additional parking for guests. Quiet, wooded setting at end of cul-de-sac. Solid building. Low rents. Close to shopping, restaurants, etc. Easy to rent. Long term tenants. 5% cap rate with opportunity to increase.
    Exterior Features

    Building Condition Average Carport Spaces 0 Exterior Wood Foundation Poured Concrete Garage Spaces 0 Lot Details Dead End StreetPaved StreetSecluded Lot Dimensions 13504 Roof Composition Stories In Building 2 Style 54 - 4-Plex Total Parking Spaces 8 Uncovered Spaces 8 View Territorial

    Interior Features

    Floor Covering Ceramic TileVinylWall to Wall Carpet Heating And Cooling Baseboard Unit1 Bathrooms 1.50 Unit1 Bedrooms 2 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 950 Unit1 Washer Dryer N Unit2 Bathrooms 1.50 Unit2 Bedrooms 2 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 975 Unit2 Washer Dryer N Unit3 Bathrooms 1.50 Unit3 Bedrooms 2 Unit3 Dishwasher Y Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 975 Unit3 Washer Dryer N Unit4 Bathrooms 1.50 Unit4 Bedrooms 2 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 950 Unit4 Washer Dryer N Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities Coin Op Laundry Bank Owned No Cap Rate 5.00 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Provided General Zoning Classification Multi-Family Gross Adjusted Income 40115 Gross Rent Multiplier 15 Gross Scheduled Income 52440 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 1614 Leased Items Washer/Dryer Net Operating Income 40115 New Construction YN No Other Expenses 0 Possession Sub. Tenant's Rights Power Company Sno Co Pud Right Of First Refusal No Septic Approved For Number Of Bedrooms 0 Sewer Sewer Connected Sewer Company Alderwood Site Features Cable TVFenced-PartiallyHigh Speed InternetRV Parking Tax Amount 6151 Tax Year 2017 Terms Cash OutConventionalFHAVA Third Party Approval Required None Total Expenses EXP 12325 Total Expenses TEX 12325 Total Monthly Income 4370 Unit1 Monthly Rent 1095 Unit2 Monthly Rent 1025 Unit3 Monthly Rent 1130 Unit4 Monthly Rent 1035 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 0 Water Company Alderwood Water Sewer Garbage 4560 Water Source Public Zoning Jurisdiction City

    Listing information © 2018 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Pettruzzelli Team at Keller Williams Western Realty and should be verified by the buyer.
    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Pettruzzelli Team at Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2018-05-21T10:14:53.877.

     
    Pettruzzelli Team at Keller Williams Western Realty
    120 E George Hopper Rd, Suite 112
    Burlington WA, 98233
    Listing Courtesy of Berkshire Hathaway Hs Sp.