Lynnwood, WA 98087 2118 160th Place SW
$1,150,000
35 more
Presented By: COMPASS and NWMLS
- MLS# 2275933
- 08/09/2024
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 3,547
Home Details
*REDUCED PRICE* Great Investment Opportunity in Lynnwood! Rare opportunity to own a fully occupied tri-plex in Lynnwood. Strong portfolio starter or addition. Potential for improvement by increasing to market rents and adding coin-op. Featuring 4 BD / 2.5 BA upstairs and two 1 BD / 1 BA units downstairs with a shared garage, carport and ample room for tenant and guest parking. 2 fully fenced yards that are separate and an expansive deck connected to the top unit. Brand new exterior paint and driveway gravel. Conveniently located and just minutes to I5, Shopping, Lakes, Trails, Restaurants, Schools and more! Just a block from the upcoming Ash Way Light Rail Station making for an easy commute either direction along with Very Favorable Zoning!
Presented By: COMPASS and NWMLS
Interior Features for 2118 160th Place SW
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringCeramic Tile, Stone, Vinyl, Vinyl Plank, Carpet
Heating Y/NYes
Interior AmenitiesCeramic Tile
Power Production TypeElectric, Natural Gas, Pellet
Total Fireplaces
Total Stories2
General for 2118 160th Place SW
Building Area UnitsSquare Feet
Cap Rate4.4
Carport Spaces1
Carport Y/NNo
CityLynnwood
CoolingNone
CountySnohomish
DirectionsGPS Friendly
Electric Expense
Elementary SchoolBuyer To Verify
Fuel Expense
HOANo
HOA Fee$
HeatingBaseboard, Forced Air
High SchoolBuyer To Verify
High School DistrictEdmonds
Insurance Expense2500
Leasable Area3547
Listing TermsCash Out, Conventional, VA Loan
Living Area UnitsSquare Feet
Lot Size Square Feet9148
Lot Size UnitsSquare Feet
MLS Area730 – Southwest Snohomish
Middle/Junior High SchoolBuyer To Verify
ModificationTimestamp2025-04-18T19:06:31.000Z
NWM_ShowMapLinkY
Net Operating Income53847
New ConstructionNo
Number Of Units Total3
Open Parking Spaces8
PossessionClosing
Possible UseMulti-Family, See Remarks
Property ConditionGood
Property Style53 – Tri-plex
Property SubtypeMulti Family
Property TypeResidential Income
Public Remarks*REDUCED PRICE* Great Investment Opportunity in Lynnwood! Rare opportunity to own a fully occupied tri-plex in Lynnwood. Strong portfolio starter or addition. Potential for improvement by increasing
RoofComposition, Torch Down
Security FeaturesFully Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeTriplex
Subdivision NameLynnwood
Tax Annual Amount7133
Tax Year2024
Units Below Gradefalse
Units In Building Total3
ViewTerritorial
Water CompanyAlderwood
Water Sewer Garbage0
Year Built1963
Zoning DescriptionMulti-Family, See Remarks
Exterior for 2118 160th Place SW
Building Area Total3547
Covered Spaces2
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesDead End Street
Lot Size Acres0.21
Parking FeaturesRV Parking
Parking Uncovered Spaces8
Site FeaturesCable TV, Fenced-Fully, High Speed Internet, RV Parking
Total Parking11
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Buyer To Verify High School
Middle School
Buyer To Verify Middle School
Elementary School
Buyer To Verify Elementary School
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