3303 156th Street SW, Lynnwood, WA 98087
- $1,275,000
- 3,084
- SqFt
Listing courtesy of John L. Scott, Inc..
- List Price
- $1,275,000
- Status
- ACTIVE
- MLS#
- 2535565
- Days on Market
- 41
- Style
- 52 - Duplex
- Finished SqFt
- 3,084
- Area Total SqFt
- 3084
- Annual Tax Ammount
- 8776
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 18,731
- Sewer
- Sewer Connected
Property Description
A rare single-level duplex, plus- buildable land. Upscale - with vaulted ceilings, laminate flooring, gas heat, gas fireplaces private decks & yards, and large two-car garages for each home. One unit has a double sided gas fireplace, the other has one gas, one wood. With extra land & the highest density zoning, you could build another duplex here, or two townhomes, or split off the additional land to sell to a builder. What an opportunity for those thinking about an ADU, a compound or extra rental income. Beautifully built, set back from the street, and conveniently located near Alderwood Mall, Costco, and the Lynnwood Light Rail - this is an ideal property with an extra bonus upside potential!
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Additional Information
- List Date
- 2026-06-15 18:52:13
- Community
- North Lynnwood
- Net Operating Income
- $57,046
- Gross Adjusted Income
- $68,400
- Gross Scheduled Income
- $72,000
- Total Monthly Income
- $6,000
- Insurance Expenses
- $2,578
- Gross Rent Multiplier
- 17.7
- Total Expenses
- $11,354
- Cap Rate
- 4.47
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 3303
- Potential Terms
- Cash, Conventional, FHA, VA Loan
- Year Built
- 2007
- Roof
- Composition
- Energy Source
- Natural Gas
- School District
- Edmonds
- Total Monthly Income
- $6,000
- Gross Scheduled Income
- $72,000
- Vacancy Rate
- 5
- Gross Adjusted Income
- $68,400
- Tax Year
- 2025
- Insurance Expense
- $2,578
- Total Expenses
- $11,354
- Net Operating Income
- $57,046
- Gross Rent Multiplier
- 17.7
- Cap Rate
- 4.47
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.