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

5004, – 5022 190th St SW, Lynnwood, WA 98036 (MLS # 1495291)

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Listing provided by The Preview Group

PRICE $1,560,000
BEDS 12
BATHS 6 baths
HOME SIZE 5,714 sq ft
LOT SIZE 42,345 sqft

Great opportunity for the savvy investor or owner occupant to acquire 4 almost identical duplexes on a shy acre in South Lynnwood. Increase cash flow now while awaiting possible re-zone for future infill development. Many long-term tenants w/ upside to increase rents and/or utility bill back. Well positioned just off South Lynnwood's 196th St retail corridor, Alderwood Mall, public transit (light rail 2024), I-5/Hwy 99. Seller would also consider selling each duplex as a pair or individually.

DAYS ON MARKET 17 LAST UPDATED 8/21/2019
YEAR BUILT 1941 COMMUNITY Lynnwood
COUNTY Snohomish STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Edmonds
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify


ADDITIONAL DETAILS
ANNUAL TAXES 14109
APN 00373400300605
AREA 730 - Southwest Snohom
BANK/REO OWNED N
BATHROOMS1 1.00, 1.00
BATHROOMS2 1.00, 1.00
BATHROOMS3 1.00, 1.00
BATHROOMS4 1.00, 1.00
BATHROOMS5 1.00, 1.00
BATHROOMS6 1.00, 1.00
BEDROOMS1 2
BEDROOMS2 2
BEDROOMS3 2
BEDROOMS4 2
BEDROOMS5 2
BEDROOMS6 2
CAP RATE (NOI / LP) 3.95
DISHWASHER1 N
DISHWASHER2 N
DISHWASHER3 N
DISHWASHER4 N
DISHWASHER5 N
DISHWASHER6 N
ELECRICAL EXPENSES 0
ENERGY SOURCE Electric
EXTERIOR Brick, Wood, Wood Products
FLOOR COVERING Laminate Hardwood, Vinyl, Wall to Wall Carpet
FORM 17 Provided
FOUNDATION Concrete Block, Poured Concrete
GROSS ADJUSTED INCOME 88620
GROSS RENT MULTIPLIER 17
GROSS SCHEDULED INCOME 88620
HEATING AND COOLING Baseboard, Wall
HEATING EXPENSES 0
HOME OWNER DUES 0
INSURANCE EXPENSES 2207
LEASED ITEMS None
LOT DETAILS Cul-de-sac, Dead End Street, Open Space, Paved Street, Value In Land
NET OPERATING INCOME 61600
OFFERS Reviewed on receipt
OTHER EXPENSES 2000
POSSESION Closing
POTENTIAL TERMS Cash Out, Conventional, Owner Financing
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, Fenced-Partially, Gas Available, High Speed Internet, RV Parking
SQUARE FEET UNIT 1 735
SQUARE FEET UNIT 2 735
SQUARE FEET UNIT 3 715
SQUARE FEET UNIT 4 715
SQUARE FEET UNIT 5 701
SQUARE FEET UNIT 6 701
STYLE 55 - 5-9 Units
TAX YEAR 2019
TOTAL EXPENSES 27020
TOTAL MONTHLY INCOME 7385
TOTAL NUMBER OF PARKING SPACES 24
UNITS BELOW GRADE N
VACANCY RATE 0
WASHER/DRYER1 Y
WASHER/DRYER2 Y
WASHER/DRYER3 Y
WASHER/DRYER4 Y
WASHER/DRYER5 Y
WASHER/DRYER6 Y
WATER COMPANY City of Lynnwood
WATER SOURCE Public
Listing provided by The Preview Group

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, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2019 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
5004, - 5022 190th St SW, Lynnwood, WA

RENT ZESTIMATE
$ / mo.  5004, - 5022 190th St SW, Lynnwood, WA

53 Somewhat Walkable



 
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