Lynnwood, WA 98036,2616 204th ST SW
Lynnwood, WA 98036,2616 204th ST SW
Lynnwood, WA 98036,2616 204th ST SW
Lynnwood, WA 98036,2616 204th ST SW
Lynnwood, WA 98036,2616 204th ST SW
Lynnwood, WA 98036,2616 204th ST SW
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Listed by RE/MAX Metro Realty, Inc.
Bought with Skyline Properties, Inc.

$750,000

$750,000

Est.Price: ?

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Est. payment /mo

2,691 SqFt


SOLD DATE : 02/25/2021

Key Details

Sold Price $750,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,691 sqft

Price per Sqft $278

Subdivision Alderwood

MLS Listing ID 1657281

Sold Date 02/25/21

Style 53 - Tri-plex

Year Built 1968

Annual Tax Amount $7,374

Lot Size 9,583 Sqft

Property Sub-Type Multi-Family

Property Description

Incredible upside potential in this Alderwood triplex. Minutes from mall and freeway access yet tucked off arterial road down a private drive. Covered parking for each unit. Talk about stable, no vacancies for 5+ years. Rents are paid like clockwork by current tenants through a special needs services/government-funded lease agreement. All tenants are month-to-month. Current rents are below market value and with some minor improvements could yield much higher rents. Tons of opportunity.

Location

State WA

County Snohomish

Area _730Southwestsnohom

Interior

Interior Features Wall to Wall Carpet

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Utilities Available Sewer Connected, Electric

View Y/N No

Roof Type Composition

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Edmonds

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)
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733 7th Ave Suite 211, United States

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