Presented by: Theresa Neal

Listing Detail - For Sale

Lynnwood Duplex

$ 370,000

Listing ID# 558796

Lynnwood Duplex
3208 156th St SW
3208 156th St SW
County: Snohomish
TB Map: /
Listing Type: Multi-Family
$ per SF $ N/A per SF

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For More Information Contact
Theresa Neal - REMAX Commercial Services
Phone:  (425) 248-5603
Email:  click here
Property Summary - Lynnwood Duplex
Property Type: Multi-Family
Total Building SqFt: 2,552
Total Rentable Area: 2,552
Status: Sold
NOI: $ 17,310
General Zoning: MR
Total Units: 2
Year Built: 1977
Total SqFt of Lot: 14,375
Total Acres of Lot: 0.33
Cap Rate: 4.68 %
Number of Floors: 2
Construction Type: Wood
Description - Lynnwood Duplex

The subject duplex is located in the Alderwood Area of Lynnwood. Close to I-5 and Hwy 99, area schools, and area retailers. Constructed in 1977, the building consists of two 2 bedroom 1.5 bath townhome style units approximately 1,276 square feet. All units are equipped with range, refrigerator, dishwasher, washer/dryer, garage, and private patio/deck. Plenty of Open/RV/Boat parking is available for tenants and their guests. The units show well, with newer carpeting in one unit, mostly updated appliances, and spacious floor plans. The property boasts good long-term tenant profile and has been professionally managed. Updates have been completed on an as needed basis by the current owner. Adjacent duplex at 3218 156th St SW is also available.