15330 40th Avenue W Unit #A & B, Lynnwood, WA 98087
- $775,000
- 1,368
- SqFt
Listing courtesy of Ballpark Realty.
- List Price
- $775,000
- Status
- PENDING SHORT SALE
- MLS#
- 2390152
- Price Change
- ▼ $50,000 1764482201
- Days on Market
- 612
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,368
- Area Total SqFt
- 1368
- Annual Tax Ammount
- 4255
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 7,405
- Sewer
- Sewer Connected
- Short Sale
- Yes
Property Description
Excellent investment opportunity! This beautifully updated duplex offers flexibility and income potential. Live in one unit and rent out the other to offset your mortgage. Unit A features 3 bedrooms, each with a walk-in closet, plus new floors, fresh paint, tile backsplash, a wood-burning fireplace, and a newly sealed deck. A new roof was installed in 2023. Unit B includes 2 bedrooms, new flooring and carpet, sleek quartz countertops, and abundant natural light. Both units are move-in ready and designed for comfort and functionality. Whether you're house-hacking or building your rental portfolio, this is a smart, versatile investment you won't want to miss! This home appraised at 925K in 2023 prior to updates so its priced to sell!
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Additional Information
- List Date
- 2024-11-21 22:10:18
- Community
- Lynnwood
- Net Operating Income
- $55,145
- Gross Adjusted Income
- $55,145
- Gross Scheduled Income
- $68,400
- Total Monthly Income
- $4,750
- Insurance Expenses
- $2,400
- Water/Sewer/Garbage Expenses
- $3,000
- Gross Rent Multiplier
- 11.33
- Total Expenses
- $13,255
- Cap Rate
- 0.07
- Total Number of Units
- 2
- Unit Name
- 15330
- Potential Terms
- Cash, Conventional, FHA, State Bond, VA Loan
- Year Built
- 1955
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Partially, Outbuildings, Patio, RV Parking
- Electric Expenses
- 3600
- Energy Source
- Electric
- School District
- Edmonds
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,750
- Gross Scheduled Income
- $68,400
- Gross Adjusted Income
- $55,145
- Tax Year
- 2024
- Insurance Expense
- $2,400
- W/S/G Expenses
- $3,000
- Total Expenses
- $13,255
- Net Operating Income
- $55,145
- Gross Rent Multiplier
- 11.33
- Cap Rate
- 0.07
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.