19911 68th Ave W, Lynnwood, WA 98036

$945,000
4,561
SqFt

Listing courtesy of The Roanoke Group. Selling Office: .

Sold Price
$945,000
List Price
$925,000
Status
SOLD
MLS#
1241710
Closing Date
Mar 26, 2018
Days on Market
33
Style
54 - 4-Plex
Building Condition
['Good']
Finished SqFt
4,561
Lot Size (sq ft)
11,761

Property Description

Well-maintained fourplex consisting of 4 identical side by side townhouses. Units are spacious with great closet space and storage on the second floor and in the garage. 1 car garages with openers--drive in and walk into the units. Each unit has one or 2 additional uncovered parking spaces in the parking lot. Units have all appliances included full size washer/dryers. The decks off the kitchen eating spaces were completely rebuilt in 2015. Tenancies have been long term.

Additional Information

List Date
2018-02-01 00:00:00
Community
Edmonds Comm College
Property Type
MULT
Units
4
Stories
2
Potential Terms
See Remarks
Year Built
1986
Total Parking
10
Uncovered Parking
6
View
Territorial
Exterior
Wood
Roof
Composition
Site Features
['Cable TV', 'Deck', 'Fenced-Partially', 'High Speed Internet']
Lot Details
Curbs
School District
Edmonds
Gross Scheduled Income
$58,020
Vacancy Rate
5
Gross Adjusted Income
$55,119
Annual Taxes
$5,809
Tax Year
2017
Insurance Expense
$2,374
W/S/G Expenses
$6,540
Total Expenses
$16,236
Net Operating Income
$38,883
Gross Rent Multiplier
16
Cap Rate
4

Room Dimensions

Unit 1 Beds
2
Unit 1 Baths
1.50
Unit 1 Size
1140
Unit 1 Rent
$1,075
Unit 2 Beds
2
Unit 2 Baths
1.50
Unit 2 Size
1140
Unit 2 Rent
$1,115
Unit 3 Beds
2
Unit 3 Baths
1.50
Unit 3 Size
1140
Unit 3 Rent
$1,395
Unit 4 Beds
2
Unit 4 Baths
1.50
Unit 4 Size
1140
Unit 4 Rent
$1,250
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