15330 40th Avenue West, Unit A&B

Lynnwood, WA 98087

$925,000
Price
—
Beds
2,288 Sq. Ft.
$404 / Sq. Ft.
2,288
Sq. Ft.
$404
per Sq. Ft.

Description

Welcome to this beautifully remodeled INCOME GENERATING duplex in Lynnwood! Property features 2 units, w/ their own separate entrance & plenty of updates! Perfect for an investor or single family living with an attached ADU. Unit A boasts a spacious living room w/ new flooring, newer paint, a modern kitchen w/ SS appliances, stone countertops, 3 beds & a renovated baths. You will find ample storage in the walk-in closets that are in each of the 3 bedrooms in unit A. Unit B offers a cozy living space...Welcome to this beautifully remodeled INCOME GENERATING duplex in Lynnwood! Property features 2 units, w/ their own separate entrance & plenty of updates! Perfect for an investor or single family living with an attached ADU. Unit A boasts a spacious living room w/ new flooring, newer paint, a modern kitchen w/ SS appliances, stone countertops, 3 beds & a renovated baths. You will find ample storage in the walk-in closets that are in each of the 3 bedrooms in unit A. Unit B offers a cozy living space w/ a stylish kitchen that features new cabinets, fixtures, and a comfortable 2 bedrooms. Both units have access to a shared backyard, perfect for outdoor entertaining. Fully rented out at $5700 per month for both units, A - $3500 unit B - $2200.
  1. Listed by Tyler Ware • Ballpark Realty
  2. Listed by Dustin S. Bruce • Ballpark Realty

Property Details for 15330 40th Avenue West, Unit A&B

Community Name
Lynnwood
School District
Edmonds
View
Territorial
Number of Assigned Spaces
6
Total Covered Parking
0
Entry Date
05-31-2024
Energy Source
Electric,Wood
Sewer
Sewer Connected
LISTING UPDATED: 11/13/2024 12:07 PM

Property Details for 15330 40th Avenue West, Unit A&B

StatusActive
MLS #2245186
Days on Market208
Cumulative Days on Market208
Taxes$3,905 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.17 AC / 7,405 SF
CountySnohomish County

Building Information for 15330 40th Avenue West, Unit A&B

Stories2Residences2Year Built1955Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 15330 40th Avenue West, Unit A&B

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Outbuildings, Patio, RV Parking
  • Area: 730 - Southwest Snohomish
  • Effective Year Built Source: Public Records
  • Directions: Use Google Maps
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Parking Type: RV Parking
  • Open Parking Spaces: 6.0
  • Open Parking: Yes
  • Parking Features: RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 0
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: Storage
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 250
  • Power Company: PUD
  • Sewer Company: Alderwood Water District
  • Water Company: Alderwood Water District
  • Power Production Type: Electric, Wood
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete, Slab
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Letter On File: Duplicate Prop Type
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1955
  • Photos Count: 36
Lot Information
  • Lot Details: Open Space, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 00372901102101
  • Building Condition: Remodeled
  • Calculated Square Footage: 2288
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2288.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 6
  • Number of Stories in Building: 2
  • Unit Number: A&B
  • Vacancy Rate: 0
  • Number Of Units Total: 2
  • Units Below Grade: true
  • Units In Building Total: 2
Financing / Income and Expenses
  • Electric Expense: $300
  • Total Expenses: 4655
  • Gross Adjusted Income: 4750
  • Gross Rent Multiplier: 4750
  • Gross Scheduled Income: $4,750
  • Insurance Expense: $200
  • Net Operating Income: $4,750
  • Other Expenses: $0
  • Total Monthly Income: 4750
  • Fuel Expense: $0
Rental
Rent Information
  • Occupant Type: Owner
  • Leasable Area: 2008.0
  • Leasable Area Units: Square Feet

Property History for 15330 40th Avenue West, Unit A&B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 15330 40th Avenue West, Unit A&B

This home is within Edmonds School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Beverly Elementary School
PublicK to 6

Meadowdale Middle School
Public7 to 8

Meadowdale High School
Public9 to 12

Edmonds Career Access Program
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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15330 40th Avenue West, Unit A&B is a multi-family home for sale in Lynnwood, WA 98087. This property was listed for sale on May 31, 2024 by Ballpark Realty, it's currently listed at $925,000. It has been on the market for a total of 208 days and was last sold on August 28, 2023. This listing's school district is Edmonds School District. Nearby schools include Beverly Elementary School, Meadowdale Middle School and Meadowdale High School. 15330 40th Avenue West, Unit A&B is a 0-bed, 0-bath, 2,288 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Ballpark Realty

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.