Tucked away at the end of quiet street in a peaceful forested setting just west of 99, this fully-rented cash machine boasts an impressive .19 acre wooded lot with fully-fenced yards & 7 parking spaces. Solid 1979 2-story 4-plex with sweeping covered front porch features identical 2-bedroom 1-bath 790sf units with private washer/dryers & new kitchens, baths, roof & windows just over 10 years ago. Rarely ever vacant with happy, long-term tenants. Super convenient location within walking distance to Swift transit & minutes to I-5, 405 & Lynnwood's new light rail station!
This is a well maintained Fourplex in a great location. Property has a new roof and crawl space insulation (2024) New paint (2021). The seller has completed a pre-sale property inspection and addressed the maintenance punch list. Long term tenants enjoy below market rents, strong upside in bring rents to market. all units on month to month agreements. Four townhome style apartments. Each unit is two bedrooms, one- and one-half baths, washer dryer, dishwashers and disposers. Fully fenced with covered and uncovered parking for nine vehicles. Seller Financing offered.
Investor Opportunity! 4-Plex with townhouse style units in very peaceful setting. Terrific floor-plans with 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. Close to shopping, restaurants, etc. Long term tenants. Easy to rent. Low rents with opportunity to increase.
Welcome to this beautifully remodeled INCOME GENERATING duplex in Lynnwood! Property features 2 units, w/ their own separate entrance & plenty of updates! Perfect for an investor or single family living with an attached ADU. Unit A boasts a spacious living room w/ new flooring, newer paint, a modern kitchen w/ SS appliances, stone countertops, 3 beds & a renovated baths. You will find ample storage in the walk-in closets that are in each of the 3 bedrooms in unit A. Unit B offers a cozy living space w/ a stylish kitchen that features new cabinets, fixtures, and a comfortable 2 bedrooms. Both units have access to a shared backyard, perfect for outdoor entertaining. Fully rented out at $5700 per month for both units, A - $3500 unit B - $2200.
The median home value in Lynnwood, WA is $731,500. This is higher than the county median home value of $702,400. The national median home value is $338,100. The average price of homes sold in Lynnwood, WA is $731,500. Approximately 50.35% of Lynnwood homes are owned, compared to 44.7% rented, while 4.95% are vacant. Lynnwood real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lynnwood real estate agent to arrange a tour today!
Lynnwood, Washington has a population of 38,812. Lynnwood is less family-centric than the surrounding county with 30.32% of the households containing married families with children. The county average for households married with children is 35.29%.
The median household income in Lynnwood, Washington is $67,576. The median household income for the surrounding county is $95,618 compared to the national median of $69,021. The median age of people living in Lynnwood is 39.6 years.
The average high temperature in July is 73.5 degrees, with an average low temperature in January of 36.2 degrees. The average rainfall is approximately 38.2 inches per year, with 3.7 inches of snow per year.