15326 40th Avenue W, -6108
15326 40th Avenue W, -6108
15326 40th Avenue W, -6108
15326 40th Avenue W, -6108
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15326 40th Avenue W, -6108
15326 40th Avenue W, -6108
15326 40th Avenue W, -6108
15326 40th Avenue W, -6108
Sold

15326 40th Avenue W, -6108

15326 40th Avenue W, -6108, Lynnwood, WA 98087

$1,151,000
Great investment opportunity to own a 4 unit apartment with a high cap rate and return. All units have been recently renovated and are in turn key condition. The exterior building and roof are in good condition. All units are now leased. Last tenant move in June 1st with raised market rents. The other two units are well below market rents. Coin-op laundry on the east side of the building provides extra income. Close to major bus lines and freeways along with restaurants and shopping. Units are all identical layout with fireplaces and deck/patios. 2 parking spaces per unit. Very low maintenance and vacancy turnover.

3,136 Sq.Ft. LIVING AREA

6,098 Sq.Ft. lot

Tyler Tachell

Tyler Tachell

Features & Amenities

Interior

  • Flooring Vinyl, Vinyl Plank, Carpet
  • other interior Features Wall to Wall Carpet

Area & Lot

  • Status Sold
  • Living Area3,136 Sq.Ft.
  • Lot Area6,098 Sq.Ft.
  • MLS® ID1955668
  • TypeMulti-Family
  • YEAR BUILT1966
  • View DescriptionTerritorial
  • Elementary SchoolBuyer To Verify
  • Middle SchoolBuyer To Verify
  • High SchoolBuyer To Verify
  • School DistrictEdmonds

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesCable Connected, High Speed Internet, Sewer Connected, Electricity Available
  • roofTorch Down
  • lot featuresDead End Street
  • sewerSewer Connected
  • SubstructurePoured Concrete
  • other exterior FeaturesMetal/Vinyl

Financial

  • Sales Price$1,151,000
  • Real Estate Tax $7,679/yr

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