Bought with Real Estate 2000 Inc.
$1,600,000
$1,600,000
For more information regarding the value of a property, please contact us for a free consultation.
7116 196th ST SW Lynnwood, WA 98036
4,260 SqFt
Key Details
Sold Price $1,600,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,260 sqft
Price per Sqft $375
Subdivision Lynnwood
MLS Listing ID 1890507
Sold Date 03/11/22
Style 55 - 5-9 Units
Year Built 1967
Annual Tax Amount $7,946
Lot Size 10,890 Sqft
Property Sub-Type Multi-Family
Property Description
Investors -- this is sure to capture your attention! Excellent cash flow, low maintenance five-plex in Lynnwood. New roof installed and fresh exterior paint one and half years ago; new trim, paint and flooring in units 2 and 4. All units have two levels. Each could easily be rented for $1700 / month. Washer and dryer in units allow for higher rent. Each unit has own back patio, ample parking. Solid rental history with inviting floor plans for easy turn key investment. Convenient to I-5 access, numerous amenities, shopping, just blocks to Edmonds community College. You see the possibilities -- so do we.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Carpet
Fireplace false
Exterior
Exterior Feature Cement/Concrete
Utilities Available Sewer Connected, Electric
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Edmonds
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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