Bought with Pellego, Inc.
$1,440,000
$1,480,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
5332 188th st SW Lynnwood, WA 98037
3,968 SqFt
Key Details
Sold Price $1,440,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,968 sqft
Price per Sqft $362
Subdivision Alderwood Manor
MLS Listing ID 2232479
Sold Date 06/25/24
Style 54 - 4-Plex
Year Built 1968
Annual Tax Amount $7,779
Lot Size 0.300 Acres
Property Description
Renovated townhome style fourplex close to the future light rail station and upcoming Lynnwood City Center. Each unit has 2 bedrooms and 1.5 baths; all units equipped with washers and dryers, private balconies, individual backyards, and two off-street parking spots. Units completely renovated in 2017; quartz countertops, new soft-close wood cabinets, new fixers, and double sinks in the full bath were introduced. Brand new vinyl plank flooring installed in two units this year. Minimal updates could increase rents significantly. rents for similar units in the area range between $2,200 to $2,400. Easy to rent units. An ideal investment for those looking to capitalize on a growing area. Interior Inspections upon mutual acceptance
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood Products
Amenities Available Cable TV, Fenced-Partially, High Speed Internet
View Y/N Yes
View Territorial
Roof Type Flat
Building
Lot Description Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Edmonds
Others
Senior Community No
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
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