20804 Poplar Way, Lynnwood, WA 98036

$290,000
1,560
SqFt

Listing courtesy of RE/MAX Northwest Realtors. Selling Office: ALLPRO Real Estate.

Sold Price
$290,000
List Price
$275,000
Status
SOLD
MLS#
700512
Closing Date
Oct 24, 2014
Days on Market
9
Style
52 - Duplex
Finished SqFt
1,560
Area Total SqFt
1560
Annual Tax Ammount
2871
Lot Size (sq ft)
13,068
Sewer
Sewer Connected

Property Description

Fantastic investment property in great area with easy access to all amenities. Extremely well maintained building with newer roof & vinyl windows. Side by side rambler duplex with huge, 13,000sf yard. Set back from road offering great privacy. Tons of room for off street parking. Always super easy to rent. Each unit has 2 br, 1 bath, W/D, private patio & storage shed. Contact listing office to set up showings. Super value!

Additional Information

List Date
2014-10-15 00:00:00
Community
Larch/Poplar
Net Operating Income
$18,100
Gross Adjusted Income
$24,060
Gross Scheduled Income
$24,060
Total Monthly Income
$2,005
Insurance Expenses
$619
Water/Sewer/Garbage Expenses
$1,184
Gross Rent Multiplier
11
Total Expenses
$5,961
Cap Rate
7
Total Number of Units
2
Unit Name
20804
Potential Terms
Cash Out, Conventional, FHA, Private Financing Available, VA Loan
Year Built
1986
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, Patio
Other Expenses
720
School District
Edmonds
Elementary School
Cedar Way Elem
Middle School
Alderwood Mid
High School
Mountlake Terrace Hi
Total Monthly Income
$2,005
Gross Scheduled Income
$24,060
Gross Adjusted Income
$24,060
Tax Year
2014
Insurance Expense
$619
W/S/G Expenses
$1,184
Total Expenses
$5,961
Net Operating Income
$18,100
Gross Rent Multiplier
11
Cap Rate
7
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