13109 Mukilteo Speedway
13109 Mukilteo Speedway
Lynnwood, WA 98087
$670,000
Price
7
Beds
2
Baths
1,488 Sq. Ft.
$450 / Sq. Ft.
1,488
Sq. Ft.
$450
per Sq. Ft.
Pending
Pending
Listing provided courtesy of Real Property Associates
Description
Investment Opportunity: This duplex and large lot, located in a Business Park zoning area, combines steady rental income with promising development potential - ideal for savvy investors and DIY enthusiasts. This duplex with side-by-side units of 4 bedrooms and 3 bedrooms has maintained consistent occupancy, underscoring its value and long-term growth. Priced competitively, it's an excellent prospect for investors and developers alike. Prime location near Boeing, Mukilteo beach and ferry, shopping,...Investment Opportunity: This duplex and large lot, located in a Business Park zoning area, combines steady rental income with promising development potential - ideal for savvy investors and DIY enthusiasts. This duplex with side-by-side units of 4 bedrooms and 3 bedrooms has maintained consistent occupancy, underscoring its value and long-term growth. Priced competitively, it's an excellent prospect for investors and developers alike. Prime location near Boeing, Mukilteo beach and ferry, shopping, and dining.
- Listed by Vicki Young • Real Property Associates
- Listed by Gordon Stephenson • Real Property Associates
Property Details for 13109 Mukilteo Speedway
Community Name
Mukilteo Speedway
School DistrictMukilteo
Number of Assigned Spaces4
Total Covered Parking1
Entry Date04-11-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Real Property Associates![]()
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LISTING UPDATED: 04/26/2024 09:09 PM
Property Details for 13109 Mukilteo Speedway
| Status | Pending |
|---|---|
| MLS # | 2216265 |
| Days on Market | 15 |
| Cumulative Days on Market | 15 |
| Taxes | $4,011 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1959 |
| Lot Size | 0.43 AC / 18,731 SF |
| County | Snohomish County |
Location
Listing Courtesy of Real Property Associates![]()
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Building Information for 13109 Mukilteo Speedway
Stories1Residences2Year Built1959Building Size-Lot Size0.43 AC / 18,731 SF
Payment Calculator
$3,991 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,656
Property Taxes
$334
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 13109 Mukilteo Speedway
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, RV Parking
- Area: 740 - Everett/Mukilteo
- Effective Year Built Source: Public Records
- Directions: Take Mukilteo Speedway north to Russell Way. Property is on the corner of Mukilteo Speedway and Russell Way
- Leased Items: None
- Property Sub Type: MULT
- View: No
- 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: 4.0
- Open Parking: Yes
- Parking Features: RV Parking
Interior and Exterior Features
Interior Features
- Floor Covering: Vinyl, Carpet
- Features: Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Brick, Wood
- Roof: Composition
Property
Utilities
- Water/Sewer/Garbage: 1911
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Foundation: Poured Concrete
- Zoning Class: Business,Commercial,Multi-Family,Office,Residential,See Remarks
- First Right Of Refusal: false
- Possible Use: Business, Commercial, Multi-Family, Office, Residential, See Remarks
- Letter On File: Duplicate Prop Type
- MLS Square Footage Source: SCR
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1959
- Photos Count: 18
Lot Information
- Lot Details: Curbs, Paved, Value In Land
- Lot Size Source: SCR
- Parcel Number Free Text: 00537800001301
- Building Condition: Average
- Calculated Square Footage: 1488
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 1488.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 10825
- Gross Adjusted Income: 5347
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $10,250
- Insurance Expense: $0
- Net Operating Income: $5,347
- Other Expenses: $4,903
- Total Monthly Income: 2050
- Fuel Expense: $0
Unit 1
- Name Unit 1: 1
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Square Feet Unit 1: 1219
- Rent Unit 1: $1,100.00
- Bedrooms Unit 1: 4
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Square Feet Unit 2: 902
- Rent Unit 2: $950.00
- Bedrooms Unit 2: 3
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 1488.0
- Leasable Area Units: Square Feet
Property History for 13109 Mukilteo Speedway
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 13109 Mukilteo Speedway
Taxable ValueLand$336,300Additions$39,200Total$375,500
Tax Record2022$3,791 ($316 / month)
Home Facts
Baths2Total Finished SqFt1,488 SqFtAbove Ground SqFt1,488 SqFtStories1Lot Size18,731 SqFtStyleDuplexYear Built1959ZoningS1CountySNOHOMISHAPN00537800001301
Schools near 13109 Mukilteo Speedway
This home is within Mukilteo School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Fairmount Elementary School PublicK to 5 | ||
Olympic View Middle School Public6 to 8 | ||
Mariner High School Public9 to 12 | ||
Mukilteo Reengagement Academy Open Doors 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.
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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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Real Property Associates
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.