2504 204th Street SW
Lynnwood, WA 98036
2912 sqft | 0.30 acres | #1983135
Description
Fantastic 4plex in prime Lynnwood location! Easy access to future Lynnwood Light Rail and Transit Center (2024), Alderwood Mall, I-5 and Highway 99 - high demand rental area with excellent equity potential from Light Rail development. Spacious layouts, professionally managed, coin-operated laundry income, and no vacancies. Perfect value-add play with below market rents- just needs a few more cosmetic updates to achieve pro-forma cap rate of 6.2%. Don't miss this rare opportunity to future-proof your portfolio with this Lynnwood investment!
Financial Details
- Days on Market (Cumulative)4
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2022-09-19 00:00:00. 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.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Nicole Gaba (#NWM131074)
Listing Office: Coldwell Banker Bain (#NWM7009)
Listing Courtesy (Buyer)
Buyer's Agent: Robert A. Macdonald (#NWM93836)
Buyer's Office: Lake & Company (#NWM7928)
