2118 160th Place SW, Lynnwood, WA 98087

$1,225,000 Asking Price

6 beds
4 baths
3,547  sqft
Built in 1963

This listing courtesy of:
COMPASS, Kyle Walker

AMAZING 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!

Features & Amenities

Interior

General:
Second Kitchen, Bath Off Primary, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, Walk-In Closet(s), Wall to Wall Carpet
Appliances:
Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Basement:
Daylight
Flooring:
Ceramic Tile, Stone, Vinyl, Vinyl Plank, Carpet
A/C:
false, None
Heating:
true, Forced Air, Wall Unit(s)
Fireplace:
Gas, Fireplace, Fireplaces: 1

Exterior

General:
Wood, Wood Products
Parking:
Driveway, Attached Garage, RV Parking, Parking spaces: 3

Construction

Roofing:
Composition, Torch Down
General:
Multi/Split, Poured Concrete, Slab

Location

HOA Amenities:
0.0
Originating MLS:
nwmls
School District:
Edmonds
County:
Snohomish

Lot

Topography:
Level,Partial Slope
Zoning:
00473600002600
View:
Territorial, View

Utilities

Water:
Public
Sewer:
Sewer Connected

Financial

Source:
nwmls

This listing courtesy of:
COMPASS, Kyle Walker

About Lynnwood, WA

Housing

Number of Units
47,476
Median Home Value
$468,109
Median Rent
$1,434

43.75% of housing units are renter occupied.

3.73% are vacant.

Commute

Car
62.84%
Public Transportation
6.49%
Walk to Work
1.04%
Work from Home
28.29%
Other
0.72%

The median travel time to work is 25 minutes.

People

Population
113,974
Median Age
37.80
Median Household Size
2.90

Education

High School
18.09%
Associate’s Degree
11.45%
Bachelor’s Degree
25.72%
Graduate Degree
11.29%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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