19618 68th Avenue W Lynnwood, WA 98036
19618 68th Avenue W
Lynnwood, WA 98036
$4,495,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
The Chrimar Apartments is a unique value add multifamily investment opportunity in the thriving Lynnwood market. This 31-unit property offers investors immediate operational upside with the opportunity to increase rents and reposition the asset. The building consists of 31 units made up of 4 one bedroom/one bath units, 25 two bedroom/two bath units, 1 three bedroom/1 bath unit and 1 three bedroom/one and a half bath townhouse unit. 5 of the units have recently been turned over and are in the process of lease up. The property features a large common laundry room for the tenant’s convenience. Additionally, there is a RUBS system currently in place for ownership reimbursement of utility costs.
Property Features
Community: Lynnwood
10+ Units
Exterior: Brick
Roof: Built-Up
Year Built: 1962
2024 Taxes: $50566.00
Buyer Broker Compensation: 1.5%
Listing #: 2396882
Lot Details
Lot Size: 1.41 acres
Interior
Cooling: None
Heating: Baseboard
Electric
Call or Email:
Grace Wamwere
What's Near 19618 68th Avenue W Lynnwood, WA 98036?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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