1668 Lexi Loop, Lynden, WA 98264

$489,000
3,065
SqFt

Listing courtesy of Windermere RE Skagit Valley. Selling Office: Muljat Group.

Sold Price
$489,000
List Price
$494,900
Status
SOLD
MLS#
1253472
Closing Date
Apr 18, 2018
Days on Market
11
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
3,065
Area Total SqFt
3065
Annual Tax Ammount
4934
Lot Size (sq ft)
8,712
Sewer
Sewer Connected

Property Description

Like new Lynden duplex. Both units rented. Live in one unit and rent the other unit out for income. Open concept living, kitchen with walk-in pantry, dining & living area. Each Unit has 3 bedrooms, 2 three quarter baths & main floor 1/2 bath. Also, each Unit has a 2 car garage & adequate storage space throughout. This could fit your needs for home and/or investment. Buyer to verify all listing documentation to their satisfaction.

Additional Information

List Date
2018-04-07 00:00:00
Community
Lynden
Net Operating Income
$26,866
Gross Adjusted Income
$34,500
Gross Scheduled Income
$34,500
Total Monthly Income
$2,875
Insurance Expenses
$320
Gross Rent Multiplier
13
Total Expenses
$7,634
Cap Rate
5.55
Total Number of Units
2
Unit Name
1668
Potential Terms
Cash Out, Conventional
Year Built
2012
View
Territorial
Roof
Composition
Site Features
Cable TV, Patio
Other Expenses
2380
School District
Lynden
Total Monthly Income
$2,875
Gross Scheduled Income
$34,500
Gross Adjusted Income
$34,500
Tax Year
2018
Insurance Expense
$320
Total Expenses
$7,634
Net Operating Income
$26,866
Gross Rent Multiplier
13
Cap Rate
5.55
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