Courtesy: Eleet Properties NW
425-408-1834
Charles Lough
Absolutely One-of-a-Kind Duplex with Stunning Lake Views!!! This absolutely one-of-a-kind duplex offers spectacular lake and mountain views from both units. Positioned for maximum long or short-term rental income, this property is a prime opportunity with the World Cup coming to Seattle! Unit 1 (3 Bed/2 Bath): Features a 2+ car garage and extensive upgrades, including a new kitchen, bathrooms, flooring, exterior/interior paint, lighting, hot water heater, and gutters. Highlights include a 230 sq ft covered deck and patio areas. Plenty of parking for 4-6 cars, plus RV and boat parking. Unit 2 (2 Bed/2 Bath): Features an 800 sq ft RV garage with additional parking for 4-6 cars. This unit includes an elevator, a commercial generator powered by a 1,000-gallon underground propane tank for peace of mind, and a massive, partially covered 1,000+ sq ft deck with unobstructed views of Martha Lake. Additional Features: 1,300+ sq ft of attached, permitted, and unfinished space. This area is connected to Unit 2 but can be converted into 1 or 2 additional studio units, offering excellent potential for increased rental income. Separate driveways for each unit. Separate water and sewer meters. Located just 5-10 minutes from light rail, I-5, I-405, shopping, Mill Creek Town Center, fabulous restaurants, Alderwood Mall, and so much more!!!
Courtesy: COMPASS
425-242-6440
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!
Courtesy: Macpherson's Real Estate Serv.
206-542-6363
Kyle Moore
Fully rented Duplex on oversized lot just half a block from the north end of Martha Lake, the location and upside potential make this a truly unique chance to get a tremendous investment property while also having a ready-made building site. Newley recorded ingress/egress easement across the southern neighbor, opens up the ability to get to the back yard and continue to add up to 2 more units. The lot is on power, sewer, no wetlands and has a HUGE back yard where you can turn this duplex into a quad plex - all for market value. Natural Gas furnaces, garages, under market rents with long term tenants. This one has it all - ready to expand while the tenants pay towards your mortgage.
Courtesy: Keller Williams Realty Bothell
425-482-6100
Corey Crain
Rare Investment/Development Offering – 1.78 Acre site comprised of four parcels in the Mixed Use Corridor zone. Flexible zoning supports Apartments, Commercial, and Retail with potential heights up to 135’. Current improvements include 8 rental units (two duplexes + one fourplex) producing strong cash flow of $13,535/month. Ideal for investors seeking stable income today with significant redevelopment upside tomorrow. Owner has completed survey and wetlands study. Buyer to verify. Feasibility studies considered.
Courtesy: Best Choice Realty LLC
206-886-3986
John Kim
Investor Opportunity! 4-Plex with townhouse style units in very peaceful setting. Terrific floor-plans with each unit nearly 1,000 sqft. 2 bedrooms & 1.5 bathrooms, living room with fireplace, dining, kitchen, 2 parking spaces per unit and separate rear decks. Additional parking for guests. Quiet, wooded setting at end of cul-de-sac. Solid building with all 4 units updated, new roof installed this summer and back deck freshly painted. Close to shopping, restaurants, etc. Long term tenants. Easy to rent. Low rents with opportunity to increase.
Courtesy: Lee & Associates Commercial RE
206-267-1457
Daniel Lim
The Lee & Associates Northwest Multifamily Team presents Viking Apartments, 7 buildings, 70-unit on 2.31 acres. Offering flats, townhomes, a duplex, and a SFR in 1-, 2-, & 3-bedroom layouts averaging 606 sq. ft. About half the units feature vinyl plank flooring, resurfaced tubs, and repainted cabinetry. Upgrades include a TPO roof (2024) and new shingles (2022) on several buildings. Wood-frame with brick, CMU, marblecrete, and wood siding, copper plumbing, electric baseboard heat, individual water heaters, and off-street parking. Zoned CDM with redevelopment potential. Near light rail, Edmonds College, Hwy 99, and Lynnwood Transit Center, benefiting from the area’s transformation into a regional hub fueling strong rental demand and upside
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Lynnwood is located in Washington. Lynnwood, Washington has a population of 38,812. Lynnwood is less family-centric than the surrounding county with 30.32% of the households containing married families with children. The county average for households married with children is 35.29%.
The median household income in Lynnwood, Washington is $67,576. The median household income for the surrounding county is $95,618 compared to the national median of $69,021. The median age of people living in Lynnwood is 39.6 years.
The average high temperature in July is 73.5 degrees, with an average low temperature in January of 36.2 degrees. The average rainfall is approximately 38.2 inches per year, with 3.7 inches of snow per year.
