47.851387 -122.29092

4223 164th SW Street A-F Lynnwood, WA 98087

289642580 47.851387 -122.29092 314 /listing/289642580-150244558/4223-164th-sw-street-a-f-lynnwood-wa-98087 False 0 1575000.0 105 1729328 False
  • $1,575,000
  • 0.50 lot
  • Est payment $8454.94/mo

Property & Neighborhood Info

Courtesy Of Sound Realty Group Inc

Multi Family in Lynnwood

6-unit property consisting of a townhome-style Fourplex building and a rambler duplex sitting on a single .5 acre parcel. VALUE-ADD WITH LOTS OF OPTIONS. Zoning will allow for 11 units with room to build more. Currently offered at a 5.5% Cap Rate; Fully-occupied with stable tenants, great cash flow and significant room to raise rents to a 6.5% Market Cap Rate. Some updated interiors & upgraded exteriors. Newer windows, newer roofs, etc. All units have W/D hook-ups. High-demand rental located in desirable Lynnwood w/ proximity to freeways, major employers, retail & restaurants.

  1. 0.50 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1989
  • Floors: 2
  • School District: Meadowdale ElemMd
  • School District2: Meadowdale Mid
  • School District3: Meadowdale High
  • School District: Edmonds
  • County: Snohomish
  • Taxes: $11,757.00
  • Tax Year: 2020
  • Units: 6
  • Zoning: City
  • Subdivision: Alderwood Manor
  • MLS Number:1729328

Additional Features

  • Flooring:
    • Carpet
    • Laminate
    • Vinyl Plank
  • Furnished:
    • Unfurnished
  • Interior Features:
    • Laminate Hardwood
  • Fireplaceyn:
    • No
  • Roof:
    • Composition
  • Water Source:
    • See Remarks
  • Exterior Features:
    • Wood
  • Parking:
    • Total Open 11
    • Total Parking 15
    • Uncovered 11
  • Electric Service:
    • Snohomish PUD
  • Heating:
    • Forced Air
  • Utilities:
    • Electricity Available
    • Sewer Connected
  • Amenities:
    • Thermal Windows
  • Possible Use:
    • Office
    • Residential
  • Carport Spaces:
    • 4
  • Carport YN:
    • false
  • Covered Spaces:
    • 0
  • Electric On Property YN:
    • false
  • Foundation Details:
    • Poured Concrete
  • Irrigation Water Rights YN:
    • false
  • Leasable Area:
    • 5982 Square Feet
  • Listing Terms:
    • Cash Out
    • Conventional
  • Listing Key:
    • NWM115085069
  • Lot Features:
    • Corner Lot
    • Paved
  • Office Co List Name:
    • Sound Realty Group Inc
  • Office Co List Phone:
    • 206-926-3701
  • Parcel Number:
    • 00372900200201
  • Possession:
    • Closing
    • Tenant's Rights
  • Total Expenses:
    • 21371
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
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Keith Fuller
Keith Fuller
920 Railroad Ave Shelton WA 98584
47.851387 -122.29092

4223 164th SW Street A-F Lynnwood, WA 98087

289642580 47.851387 -122.29092 314 /listing/289642580-150244558/4223-164th-sw-street-a-f-lynnwood-wa-98087 False 0 1575000.0 105 1729328 False
  • $1,575,000
  • 0.50 lot
  • Est payment $8454.94/mo