PROPERTIES FOR SALE

15328 40th Avenue W Lynnwood, WA 98087

NWMLS Courtesy of Windermere Real Estate Co.
15328 40th Avenue W
Lynnwood, WA 98087
$1,065,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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Attractive 4-plex ideally located near Hwy 99, I-5, & 405. Enjoy a desirable unit mix of 3 - 2 bed, 1 bath units and 1 - 1 bed, 1 bath unit. Recent upgrades to units 2-4 include newer flooring, newer interior paint, and partial cabinet (newer in unit 4, refreshed in units 2 & 3 with newer paint and hardware), countertop, trim, & light fixture upgrades, as well as many updated appliances. Upper units have a small deck and the lower units are adjacent to a small yard. 8 parking spaces (2 per unit!). Coin-op laundry provides additional income. A flexible asset with the ability to immediately owner-occupy, or use as a long-term hold with good cashflow + additional upside potential through operational improvements.

Property Features

Community: Lynnwood
4-Plex
View: Territorial
Cable TV
Deck
Exterior: Metal/Vinyl
Roof: Flat
Roof: Torch Down
Year Built: 1966
2025 Taxes: $7822.00
Buyer Broker Comp.: 2.5%
Listing #: 2476109

Lot Details

Lot Size: 0.22 acres
Dead End Street
Paved
No. of Units: 4

Interior

Cooling: None
Heating: Baseboard
Electric

Common Features

Coin Op Laundry

Schools

District: Edmonds
Call or Email:
Grace Wamwere

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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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