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    3209 204th St Sw

    Lynnwood, WA 98036
    • $1,095,000
    • STATUS: Pending
    • ON SITE: 25 days
    • ID#: 1600177
    Under Contract
    UPDATED: 136 min ago
    $1,095,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,900
      SQFT
    • $281
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1991
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Pilot Ventures Llc.

    Description

    The well-maintained fourplex is conveniently located near I-5, the future Lynnwood light rail station, and many other local attractions. This core plus deal will allow the new buyer to capture a 15% lift in rents by adding washer and dryers in the one bedroom units along with implementing utility bill back. There are 10 off street parking spaces and 2 garages that are available for the tenants.

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    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-06-07T00:13:41.617.

    www.resg.com/homes/105766863

    3209 204th St Sw Lynnwood, WA 98036

    • Price: $1,095,000
    • Status: Pending
    • Updated: 136 min ago
    • ID#: 1600177
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    3,900
    SQFT
    $281
    $/SQFT
    1991
    Built
    Neighborhood:
    Lynnwood
    County:
    Snohomish
    Area:
    SW Snohomish Cty/Lynnwood/Edmonds
    School District:
    Snohomish
    Property Description
    The well-maintained fourplex is conveniently located near I-5, the future Lynnwood light rail station, and many other local attractions. This core plus deal will allow the new buyer to capture a 15% lift in rents by adding washer and dryers in the one bedroom units along with implementing utility bill back. There are 10 off street parking spaces and 2 garages that are available for the tenants.
    Exterior Features

    Building Condition Good Carport Spaces 0 Exterior Wood Garage Spaces 2 Lot Dimensions 16552 Roof Composition Stories In Building 1 Style 54 - 4-Plex Total Parking Spaces 12 Uncovered Spaces 10

    Interior Features

    Floor Covering Vinyl Heating And Cooling Baseboard Unit1 Bathrooms 1.00 Unit1 Bedrooms 1 Unit1 Dishwasher Y Unit1 Fireplaces 1 Unit1 Range Oven Y Unit1 Refrigerator Y Unit1 Sq Ft 600 Unit1 Washer Dryer N Unit2 Bathrooms 1.00 Unit2 Bedrooms 1 Unit2 Dishwasher Y Unit2 Fireplaces 1 Unit2 Range Oven Y Unit2 Refrigerator Y Unit2 Sq Ft 600 Unit2 Washer Dryer N Unit3 Bathrooms 2.00 Unit3 Bedrooms 3 Unit3 Dishwasher Y Unit3 Fireplaces 1 Unit3 Range Oven Y Unit3 Refrigerator Y Unit3 Sq Ft 1350 Unit3 Washer Dryer Y Unit4 Bathrooms 2.00 Unit4 Bedrooms 3 Unit4 Dishwasher Y Unit4 Fireplaces 1 Unit4 Range Oven Y Unit4 Refrigerator Y Unit4 Sq Ft 1350 Unit4 Washer Dryer Y Unit5 Bathrooms 0.00 Unit5 Bedrooms 0 Unit5 Fireplaces 0 Unit5 Sq Ft 0 Unit6 Bathrooms 0.00 Unit6 Bedrooms 0 Unit6 Fireplaces 0 Unit6 Sq Ft 0 Units Below Grade N

    Property Features

    Amenities Storage Bank Owned No Cap Rate 4.57 Electrical Expenses 0 Energy Source Electric EPSEnergy 0 Form17 Not Provided General Zoning Classification Multi-Family Gross Adjusted Income 67576 Gross Rent Multiplier 15 Gross Scheduled Income 71520 Heating Expenses 0 Hers Index 0 Home Owner Dues 0 Insurance Expenses 2714 Leased Items None Net Operating Income 50006 New Construction YN No Other Expenses 4575 Possession Closing Septic Approved For Number Of Bedrooms 0 Sewer Available Tax Amount 7555 Tax Year 2019 Terms Conventional Third Party Approval Required None Total Expenses EXP 17938 Total Expenses TEX 17938 Total Monthly Income 6010 Unit1 Monthly Rent 1150 Unit2 Monthly Rent 1050 Unit3 Monthly Rent 1905 Unit4 Monthly Rent 1905 Unit5 Monthly Rent 0 Unit6 Monthly Rent 0 Vacancy Rate 5 Water Sewer Garbage 3094 Zoning Jurisdiction City

    Listing information © 2020 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Real Estate Solutions Group - NWRE LLC and should be verified by the buyer.


    The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Real Estate Solutions Group - NWRE LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2020-06-07T00:13:41.617.

     
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    Real Estate Solutions Group - NWRE LLC
    1027 State Ave, Suite 102
    Marysville WA, 98270
    Listing Courtesy of Pilot Ventures Llc.