Lynnwood, WA 98036,2504 204th ST SW
Lynnwood, WA 98036,2504 204th ST SW
Lynnwood, WA 98036,2504 204th ST SW
Lynnwood, WA 98036,2504 204th ST SW
Lynnwood, WA 98036,2504 204th ST SW
Lynnwood, WA 98036,2504 204th ST SW
See all 39 photos
Listed by Coldwell Banker Bain
Bought with Lake & Company

$930,000

$900,000

3.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

2,912 SqFt


SOLD DATE : 09/19/2022

Key Details

Sold Price $930,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,912 sqft

Price per Sqft $319

Subdivision Alderwood

MLS Listing ID 1983135

Sold Date 09/19/22

Style 54 - 4-Plex

Year Built 1969

Annual Tax Amount $7,047

Lot Size 0.300 Acres

Property Sub-Type Multi-Family

Property Description

Fantastic 4plex in prime Lynnwood location! Easy access to future Lynnwood Light Rail and Transit Center (2024), Alderwood Mall, I-5 and Highway 99 - high demand rental area with excellent equity potential from Light Rail development. Spacious layouts, professionally managed, coin-operated laundry income, and no vacancies. Perfect value-add play with below market rents- just needs a few more cosmetic updates to achieve pro-forma cap rate of 6.2%. Don't miss this rare opportunity to future-proof your portfolio with this Lynnwood investment!

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Fireplace false

Exterior

Exterior Feature See Remarks

Utilities Available Sewer Connected, Electric

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Edmonds

Others

Senior Community No

Acceptable Financing Conventional

Listing Terms Conventional

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Northwest MLS (NWMLS)
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(360) 615-2699

info@homesbymollyhaines.com

733 7th Ave Suite 211, United States

GET MORE INFORMATION

Name
Phone*
Message