4222 176th Place Southwest

Lynnwood, WA 98037

$795,000
Price
4
Beds
2
Baths
1,560 Sq. Ft.
$510 / Sq. Ft.
1,560
Sq. Ft.
$510
per Sq. Ft.

Description

Investor's dream! Newly remodeled duplex residence in prime Lynnwood location. Each unit has 2 bedrooms, 1 bath, ample parking. Near parks, library, pool and Lynnwood Transit Center with upcoming light rail service. Modern kitchens with new cabinets, quartz countertops and high-end appliances. Luxury vinyl plank floors throughout. Large private backyards with storage sheds on a quiet dead-end street. Current tenants eager to stay, paying prime current rates. Leases are up in July and Aug. You don't...Investor's dream! Newly remodeled duplex residence in prime Lynnwood location. Each unit has 2 bedrooms, 1 bath, ample parking. Near parks, library, pool and Lynnwood Transit Center with upcoming light rail service. Modern kitchens with new cabinets, quartz countertops and high-end appliances. Luxury vinyl plank floors throughout. Large private backyards with storage sheds on a quiet dead-end street. Current tenants eager to stay, paying prime current rates. Leases are up in July and Aug. You don't want to miss this opportunity to get two doors for the price of one!
  1. Listed by Nicole Boxley • North Pacific Properties
  2. Listed by Erica Gretch • North Pacific Properties

Property Details for 4222 176th Place Southwest

Community Name
Lynnwood
School District
Edmonds
Number of Assigned Spaces
6
Total Covered Parking
0
Offers Review Date
05-20-2024
Entry Date
05-14-2024
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of North Pacific Properties
Add your commute
LISTING UPDATED: 05/21/2024 07:45 PM

Property Details for 4222 176th Place Southwest

StatusPending
MLS #2237327
Days on Market7
Cumulative Days on Market7
Taxes$5,292 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1963
Lot Size0.22 AC / 9,583 SF
CountySnohomish County

Location

Listing Courtesy of North Pacific Properties
Add your commute

Building Information for 4222 176th Place Southwest

Stories1Residences2Year Built1963Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$4,780 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,339

Property Taxes

$441

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4222 176th Place Southwest

Summary
Location and General Information
  • Style: 52 - Duplex
  • Site Features: Cable TV, Fenced-Partially, High Speed Internet
  • Area: 730 - Southwest Snohomish
  • Block: BLK 006 D-03 - E 73FT OF N 130FT
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: Public Records
  • Directions: I-5 S, Exit 183, R on ramp to Alderwood Mall Pkwy, Merge onto 164th ST SW, L on 176th Pl SW.I-5 N, Exit 181A for 44th Ave, L on 44th Ave W, R on 176th PL SW.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: No
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2024
  • Additional Tax Ids: 372700-6-018-03-00
Parking
  • Number of Carport Spaces: 2.0
  • Carport: No
  • Open Parking Spaces: 4.0
  • 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
  • Floor Covering: Ceramic Tile, Vinyl Plank
  • Features: Ceramic Tile
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Baseboard
  • FIRPTA: No
Exterior Features
  • Exterior: Brick, Wood Products
  • Roof: Built-Up, Flat
  • Security Features: FullyFenced
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 1680
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1963
  • Photos Count: 13
Lot Information
  • Lot Details: Dead End Street, Paved
  • Lot Size Dimensions: 130' by 70'
  • Lot Number: 18
  • Lot Size Source: Realist
  • Parcel Number Free Text: 00372700601803
  • Building Condition: Good
  • Calculated Square Footage: 1560
  • Structure Type: Duplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 1560.0
  • 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: 11278
  • Gross Adjusted Income: 54000
  • Gross Rent Multiplier: 14.72
  • Gross Scheduled Income: $54,000
  • Insurance Expense: $1,306
  • Net Operating Income: $42,722
  • Other Expenses: $3,000
  • Total Monthly Income: 4500
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 4222
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 780
  • Rent Unit 1: $2,200.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 0
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 4224
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 780
  • Rent Unit 2: $2,300.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 0
  • Bathrooms Unit 2: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 1560.0
  • Leasable Area Units: Square Feet

Property History for 4222 176th Place Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4222 176th Place Southwest

Taxable ValueLand$449,800Additions$276,300Total$726,100
Tax Record2023$5,422 ($452 / month)
Home Facts
Baths2Total Finished SqFt1,560 SqFtAbove Ground SqFt1,560 SqFtStories1Lot Size9,583 SqFtStyleDuplexYear Built1963Zoning47CountySNOHOMISHAPN00372700601803

Schools near 4222 176th Place Southwest

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
Lynnwood Elementary
PublicK to 6

Alderwood Middle School
Public7 to 8

Lynnwood 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.