18332 Hurst Road, Lynnwood, WA 98037
- $1,090,000
- 3,160
- SqFt
Listing courtesy of Upgrade Realty.
- List Price
- $1,090,000
- Status
- ACTIVE
- MLS#
- 2527527
- Price Change
- ▼ $60,000 1783053793
- Days on Market
- 67
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 3,160
- Area Total SqFt
- 3160
- Annual Tax Ammount
- 6870
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 8,276
- Sewer
- Sewer Connected
Property Description
Tucked away at the end of quiet street in a peaceful forested setting just west of 99, this fully-rented cash machine boasts an impressive .19 acre wooded lot with fully-fenced yards & 7 parking spaces. Solid 1979 2-story 4-plex with sweeping covered front porch features identical 2-bedroom 1-bath 790sf units with private washer/dryers & new kitchens, baths, roof & windows just over 10 years ago. Rarely ever vacant with happy, long-term tenants. Super convenient location within walking distance to Swift transit & minutes to I-5, 405 & Lynnwood's new light rail station!
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Additional Information
- List Date
- 2026-05-20 23:43:11
- Community
- Lynnwood
- Net Operating Income
- $66,946
- Gross Adjusted Income
- $79,800
- Gross Scheduled Income
- $79,800
- Total Monthly Income
- $6,650
- Insurance Expenses
- $2,009
- Water/Sewer/Garbage Expenses
- $3,404
- Gross Rent Multiplier
- 5.7
- Total Expenses
- $13,062
- Cap Rate
- 4.8
- Total Number of Units
- 4
- Unit Name
- 18332
- Potential Terms
- Cash, Conventional
- Year Built
- 1979
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet, Patio
- Electric Expenses
- 234
- Other Expenses
- 545
- Energy Source
- Electric
- School District
- Edmonds
- Elementary School
- Lynndale ElemLd
- Middle School
- Meadowdale Mid
- High School
- Meadowdale High
- Total Monthly Income
- $6,650
- Gross Scheduled Income
- $79,800
- Gross Adjusted Income
- $79,800
- Tax Year
- 2025
- Insurance Expense
- $2,009
- W/S/G Expenses
- $3,404
- Total Expenses
- $13,062
- Net Operating Income
- $66,946
- Gross Rent Multiplier
- 5.7
- Cap Rate
- 4.8
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.