Lynnwood, WA 98036,4721 194th ST SW
Lynnwood, WA 98036,4721 194th ST SW
Lynnwood, WA 98036,4721 194th ST SW
20
Listed by Paragon Real Estate Advisors
Bought with Paragon Real Estate Advisors
$1,600,000
$1,495,000
7.0%
Est.Price: ?

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10 BD
10 BA
4,455 SqFt

4721 194th ST SW Lynnwood, WA 98036

Est. payment /mo
SOLD DATE : 11/14/2024

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Key Details

Sold Price $1,600,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,455 sqft

Price per Sqft $359

Subdivision Lynnwood

MLS Listing ID 2305638

Sold Date 11/14/24

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1994

Annual Tax Amount $9,479

Lot Size 0.270 Acres

Property Description

The property was built in 1994 and has been well cared for under the same ownership for the past 23 years. The building offers high quality amenities to the tenants including in-unit washer/dryer hookups, fireplaces, private decks, full appliance packages, storage units and two parking stalls for each unit. The primary bedroom in each unit has a huge walk-in closet and an ensuite bathroom with a double vanity. The units are comprised of 5 – 891 square foot 2-bedroom/2-bathroom units. The seller lightly updated unit 301 and is currently asking $2,315 for the unit. The remaining units reside at an average rent of $1,887 providing significant upside for the next owner.

Location

State WA

County Snohomish

Area 730 - Southwest Snohomish

Interior

Fireplace false

Exterior

Exterior Feature Wood

Waterfront No

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Edmonds

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, Owner Financing

Listing Terms Cash Out, Conventional, Owner Financing

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Northwest MLS (NWMLS)

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