15831 44th Avenue W Unit #A&B, Lynnwood, WA 98087

$550,000
2,400
SqFt

Listing courtesy of Compass Realty Solutions. Selling Office: Larson Real Estate.

Sold Price
$550,000
List Price
$599,000
Status
SOLD
MLS#
1442735
Closing Date
Sep 12, 2019
Days on Market
113
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,400
Area Total SqFt
2400
Annual Tax Ammount
4674
Lot Size (sq ft)
12,632
Sewer
Sewer Connected

Property Description

INVESTMENT TIME! Add this duplex to your portfolio. Easy to rent and great for Investors, or buy as owner occupied and reduce your monthly payment by moving into a unit. Each unit offers 1,200 square feet with 3 bedrooms, 1.5 baths, washer/dryer hook up, fireplace, covered deck, and fully fenced yard. Exterior decks replaced 2019. Spacious 12,632 square foot lot. View of the Olympics from top floor of unit. Current rent is below market rent.

Additional Information

List Date
2019-05-22 00:00:00
Community
Alderwood Manor
Net Operating Income
$27,994
Gross Adjusted Income
$33,600
Gross Scheduled Income
$33,600
Total Monthly Income
$2,800
Insurance Expenses
$982
Gross Rent Multiplier
19
Total Expenses
$5,656
Cap Rate
4
Total Number of Units
2
Unit Name
15831
Potential Terms
Cash Out, Conventional
Year Built
1952
Roof
Composition
Site Features
Cable TV, Deck, Fenced-Fully, High Speed Internet
School District
Edmonds
Total Monthly Income
$2,800
Gross Scheduled Income
$33,600
Gross Adjusted Income
$33,600
Tax Year
2018
Insurance Expense
$982
Total Expenses
$5,656
Net Operating Income
$27,994
Gross Rent Multiplier
19
Cap Rate
4
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