Bought with Skyline Properties, Inc.
$720,000
$729,950
1.4%For more information regarding the value of a property, please contact us for a free consultation.
1830 Magnolia RD Lynnwood, WA 98036
1,712 SqFt
Key Details
Sold Price $720,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,712 sqft
Price per Sqft $420
Subdivision Canyon Ridge
MLS Listing ID 2062582
Sold Date 12/15/23
Style 52 - Duplex
Year Built 1982
Annual Tax Amount $6,392
Lot Size 0.600 Acres
Property Description
Rare investment opportunity in the highly desirable Alderwood Manor neighborhood. The 1700+sqft duplex consist of 2bedroom/1bathroom units approximately 850sqft each. The 26,136 sqft lot is nestle in a secluded private drive with a two car carport and plenty of additional parking. Each units has laminate flooring, washer and dryers, walk-in closet. Long term tenants are month-to-month and paying well below market rents. Easy to raise to market rents without much work to units. The huge lot is zoned LDMR, which allows a lot flexibility in any future developments. Conveniently located close to major shopping areas and highways.
Location
State WA
County Snohomish
Area 730 - Southwest Snohomish
Interior
Interior Features Concrete, Laminate, Wall to Wall Carpet
Flooring Concrete, Laminate, Vinyl, Carpet
Fireplace No
Exterior
Exterior Feature Metal/Vinyl
Amenities Available Cable TV, Deck, Fenced-Partially
Waterfront No
View Y/N Yes
View Territorial
Roof Type Composition
Building
Lot Description Dead End Street
Sewer Septic Tank
New Construction No
Schools
Elementary Schools Hilltop Elemht
Middle Schools Alderwood Mid
High Schools Lynnwood High
School District Edmonds
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, FHA
Listing Terms Cash Out, Conventional, FHA
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