15702 Admiralty Way
15702 Admiralty Way
Lynnwood, WA 98087
$1,450,000
Price
8
Beds
6
Baths
4,128 Sq. Ft.
$351 / Sq. Ft.
4,128
Sq. Ft.
$351
per Sq. Ft.
Pending
Pending
Listing provided courtesy of North Pacific Properties
Description
This fully occupied fourplex in Lynnwood, strategically located between Highway 99 and I-5, offers a peaceful setting. Each of the four 1,032 sq ft units has 2 bedrooms, 1.5 baths, kitchen appliances, washer/dryer, and a patio with a fenced backyard. The property features a four-car carport and six extra parking spaces. An ideal investment in a desirable area, combining comfort with convenience.This fully occupied fourplex in Lynnwood, strategically located between Highway 99 and I-5, offers a peaceful setting. Each of the four 1,032 sq ft units has 2 bedrooms, 1.5 baths, kitchen appliances, washer/dryer, and a patio with a fenced backyard. The property features a four-car carport and six extra parking spaces. An ideal investment in a desirable area, combining comfort with convenience.
- Listed by Joshua D. Fant • North Pacific Properties
- Listed by Anita Moffett • North Pacific Properties
Property Details for 15702 Admiralty Way
Community Name
Lynnwood
School DistrictEdmonds
Number of Assigned Spaces10
Total Covered Parking0
Entry Date03-19-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of North Pacific Properties![]()
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LISTING UPDATED: 05/23/2024 08:26 PM
Property Details for 15702 Admiralty Way
| Status | Pending |
|---|---|
| MLS # | 2211603 |
| Days on Market | 65 |
| Cumulative Days on Market | 24 |
| Taxes | $8,764 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1987 |
| Lot Size | 0.31 AC / 13,504 SF |
| County | Snohomish County |
Location
Listing Courtesy of North Pacific Properties![]()
Add your commute
Building Information for 15702 Admiralty Way
Stories2Residences4Year Built1987Building Size-Lot Size0.31 AC / 13,504 SF
Payment Calculator
$8,644 per month
30 year fixed, 7.25% Interest
Principal and Interest
$7,913
Property Taxes
$730
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 15702 Admiralty Way
Summary
Location and General Information
- Style: 54 - 4-Plex
- Area: 730 - Southwest Snohomish
- Effective Year Built Source: Public Records
- Directions: From I-North. Take exit 182. Turn left at 28th Ave W/Alderwood Mall Pkwy. Left at 164th St SW. Right at 36th Ave W. Turn right at 159th Pl SW. Turn left at Admiralty Way. Destination on the left.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 4.0
- Carport: No
- Open Parking Spaces: 6.0
- Open Parking: Yes
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
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Wall Unit(s)
Exterior Features
- Exterior: Wood
- Roof: Composition
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 6813
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Class: Multi-Family
- Possible Use: Multi-Family
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1987
- Photos Count: 13
Lot Information
- Lot Size Source: Realist
- Parcel Number Free Text: 00735800000300
- Building Condition: Average
- Calculated Square Footage: 4128
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4128.0
- 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
- Vacancy Rate: 5
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 17900
- Gross Adjusted Income: 75240
- Gross Rent Multiplier: 5
- Gross Scheduled Income: $79,200
- Insurance Expense: $2,323
- Net Operating Income: $57,341
- Other Expenses: $0
- Total Monthly Income: 6600
- Fuel Expense: $0
Unit 1
- Name Unit 1: 2
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Square Feet Unit 1: 1032
- Rent Unit 1: $1,650.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 2
Unit 2
- Name Unit 2: 3
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Square Feet Unit 2: 1032
- Rent Unit 2: $1,650.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 2
Unit 3
- Name Unit 3: 1
- Washer/Dryer Unit 3: true
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Square Feet Unit 3: 1032
- Rent Unit 3: $1,650.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 2
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: true
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Square Feet Unit 4: 1032
- Rent Unit 4: $1,650.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 2
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4218.0
- Leasable Area Units: Square Feet
Property History for 15702 Admiralty Way
| 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 15702 Admiralty Way
Taxable ValueLand$422,800Additions$518,000Total$940,800
Tax Record2023$7,850 ($654 / month)
Home Facts
Baths4Total Finished SqFt4,128 SqFtAbove Ground SqFt4,128 SqFtStories2Lot Size13,504 SqFtStyleQuadraplexYear Built1987ZoningSICountySNOHOMISHAPN00735800000300
Schools near 15702 Admiralty Way
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 - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Spruce Primary School PublicK to 6 | ||
Meadowdale Middle School Public7 to 8 | ||
Meadowdale High School Public9 to 12 | ||
Madrona Nongraded PublicPK to 8 |
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 North Pacific Properties
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.