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

4223 164th St SW, Lynnwood, WA 98087 (MLS # 1165498)

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Listing provided by RE/MAX Town Center

PRICE $1,750,000
BEDS n/a
BATHS 0 baths
HOME SIZE 5,982 sq ft
LOT SIZE 21,780 sqft

6-plex Offering | TOWNHOUSE style 6-plex on half acre/21780 sq. ft. lot | 6 -2 bdrm units total w/ individual entrances & private backyard space. Town house design units equipped w washer, dryer, refrigerator, oven & range. 2 units are 782 sq ft. Newer building is 2 stories, with 4- 1099 sq. ft. units that also have dishwashers. Do not disturb tenants. Located in Lynnwood w/ proximity to I-5, major employers, Alderwood Mall retail & restaurants. Fully rented & ready for new ownership.

DAYS ON MARKET 88 LAST UPDATED 9/14/2017
YEAR BUILT 1989 COMMUNITY Alderwood Manor
COUNTY Snohomish STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Edmonds


ADDITIONAL DETAILS
AMENITIES See Remarks
ANNUAL TAXES 10358
APN 00372900200201
AREA 730 - Southwest Snohom
BANK/REO OWNED N
BATHROOMS1 1.00
BATHROOMS2 1.00
BATHROOMS3 1.50
BATHROOMS4 1.50
BATHROOMS5 1.50
BATHROOMS6 1.50
BEDROOMS1 2
BEDROOMS2 2
BEDROOMS3 2
BEDROOMS4 2
BEDROOMS5 2
BEDROOMS6 2
BUILDING CONDITION Good
CAP RATE (NOI / LP) 4.80
DISHWASHER1 N
DISHWASHER2 N
DISHWASHER3 Y
DISHWASHER4 Y
DISHWASHER5 Y
DISHWASHER6 Y
ELECRICAL EXPENSES 0
ENERGY SOURCE Electric
EXTERIOR Wood
FLOOR COVERING Vinyl, Wall to Wall Carpet
FORM 17 Provided
GENERAL ZONING Multi-Family
GROSS ADJUSTED INCOME 100386
GROSS RENT MULTIPLIER 17
GROSS SCHEDULED INCOME 101400
HEATING AND COOLING Forced Air
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 4458
LEASED ITEMS None
LOT DIMENSIONS 21780
NET OPERATING INCOME 84144
OTHER EXPENSES 0
POSSESION Sub. Tenant's Rights
POTENTIAL TERMS Conventional
PROPERTY TYPE MULT
RANGE/OVEN1 Y
RANGE/OVEN2 Y
RANGE/OVEN3 Y
RANGE/OVEN4 Y
RANGE/OVEN5 Y
RANGE/OVEN6 Y
REFRIGERATOR1 Y
REFRIGERATOR2 Y
REFRIGERATOR3 Y
REFRIGERATOR4 Y
REFRIGERATOR5 Y
REFRIGERATOR6 Y
ROOF Composition
SEWER Sewer Connected
SITE FEATURES Cable TV
SQUARE FEET UNIT 1 792
SQUARE FEET UNIT 2 792
SQUARE FEET UNIT 3 1099
SQUARE FEET UNIT 4 1099
SQUARE FEET UNIT 5 1099
SQUARE FEET UNIT 6 1099
STYLE 55 - 5-9 Units
TAX YEAR 2017
TOTAL EXPENSES 16242
TOTAL MONTHLY INCOME 8450
TOTAL NUMBER OF PARKING SPACES 15
UNITS BELOW GRADE N
VACANCY RATE 1
WASHER/DRYER1 Y
WASHER/DRYER2 Y
WASHER/DRYER3 Y
WASHER/DRYER4 Y
WASHER/DRYER5 Y
WASHER/DRYER6 Y
WATER COMPANY Alderwood
Listing provided by RE/MAX Town Center

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
$1,836,723  4223 164th St SW, Lynnwood, WA

RENT ZESTIMATE
$1895 / mo.  4223 164th St SW, Lynnwood, WA

45 Car-Dependent

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