Green State Tools
Jonathan Schoenhals
(206) 905-7676(206) 905-7676

14617 38th Place W, Lynnwood, WA 98087 (MLS # 1131060)

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Listing provided by Windermere R.E. Wall St. Inc.

PRICE $525,000
BEDS n/a
BATHS 0 baths
HOME SIZE 2,408 sq ft
LOT SIZE 7,840 sqft

Solid, clean investment opportunity in a great spot. This 4plex is located on a dead-end street with 2-2bed units and 2-1bed units, each with its own parking spot. 3 bigger units are bright and airy. 4th smaller unit is efficient and easy to rent. Two storage closets and coin-op laundry room add convenience, with two separate entrances for privacy. Solid mid-century construction and well-maintained-new vinyl windows and paint, new roof in 2013, and updated romex wiring. Awesome tenants, too!

DAYS ON MARKET 89 LAST UPDATED 8/19/2017
YEAR BUILT 1957 COMMUNITY Lynnwood
COUNTY Snohomish STATUS Pending
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Mukilteo


ADDITIONAL DETAILS
AMENITIES Coin Op Laundry, Storage
ANNUAL TAXES 4325
APN 00570300201306
AREA 730
BANK/REO OWNED N
BATHROOMS1 1.00
BATHROOMS2 1.00
BATHROOMS3 1.00
BATHROOMS4 1.00
BATHROOMS5 0.00
BATHROOMS6 0.00
BEDROOMS1 1
BEDROOMS2 2
BEDROOMS3 1
BEDROOMS4 2
BEDROOMS5 0
BEDROOMS6 0
BUILDING CONDITION Average
CAP RATE (NOI / LP) 6.00
DISHWASHER1 N
DISHWASHER2 N
DISHWASHER3 N
DISHWASHER4 N
ELECRICAL EXPENSES 0
ENERGY SOURCE(HEAT) Electric
EXTERIOR Wood
FLOOR COVERING Vinyl, Wall to Wall Carpet
FORM 17 Provided
FOUNDATION Concrete Block
GROSS ADJUSTED INCOME 37200
GROSS RENT MULTIPLIER 14
GROSS SCHEDULED INCOME 37200
HEATING EXPENSES 0
HEATING/COOLING Baseboard
HOME OWNER DUES 0
INSURANCE EXPENSES 800
LEASED ITEMS Washer/Dryer
LOT DETAILS Dead End Street, Paved Street
NET OPERATING INCOME 31267
OTHER EXPENSES 0
POSSESSION Sub. Tenant's Rights
POTENTIAL TERMS Cash Out, Conventional, FHA
PRELIMINARY TITLE ORDERED Y
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
ROOF Flat
SEWER Sewer Connected
SHOW MAP LINK Y
SQUARE FEET UNIT 1 300
SQUARE FEET UNIT 2 500
SQUARE FEET UNIT 3 891
SQUARE FEET UNIT 4 692
SQUARE FEET UNIT 5 0
SQUARE FEET UNIT 6 0
STATUS PI
STYLE 54
TAX YEAR 2017
TOTAL EXPENSES 5933
TOTAL MONTHLY INCOME 3100
TOTAL NUMBER OF PARKING SPACES 4
UNITS BELOW GRADE N
VACANCY RATE 0
WASHER/DRYER1 N
WASHER/DRYER2 N
WASHER/DRYER3 N
WASHER/DRYER4 N
WATER COMPANY Alderwood
WATER SOURCE Public
Listing provided by Windermere R.E. Wall St. Inc.

Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2017. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2017 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by Green State Realty and should be verified by the buyer.
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ZESTIMATE
$509,153  14617 38th Place W, Lynnwood, WA

RENT ZESTIMATE
$1900 / mo.  14617 38th Place W, Lynnwood, WA

61 Somewhat Walkable

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