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Listed by Paragon Real Estate Advisors
$ 4,550,000
Est. payment /mo
Active
19425 76th AVE W Lynnwood, WA 98036
20 Beds
18 Baths
12,775 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,775 sqft
Price per Sqft $356
Subdivision Lynnwood
MLS Listing ID 2356901
Style 56 - 10+ Units
Bedrooms 20
Year Built 1976
Annual Tax Amount $37,658
Lot Size 1.500 Acres
Property Sub-Type Multi Family
Property Description
This well-maintained 16-unit property offers investors immediate operational upside by implementing a utility bill-back system while benefiting from an attractive assumable loan at a 3.41% interest rate, fixed until January 2031. The building consists of twelve spacious 1BD/1BTH units and four 2BD/1.5BTH units, with 14 of the 16 units recently updated to feature new kitchen countertops, stainless steel appliances, modern bathroom vanities, and fresh carpeting. Approximately 10 units are equipped with in-unit washer/dryers, with two additional units believed to have existing hookups. Each unit also boasts a large private deck or patio, with all patios recently upgraded with new fencing and two deck replacements.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Edmonds
Others
Senior Community No
Acceptable Financing Assumable, Cash Out, Conventional
Listing Terms Assumable, Cash Out, Conventional

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