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5710 200th St SW $6,450,000

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    5710 200th St SW Lynnwood, WA 98036

    • 0 Beds
    • 0 Baths
    • 35,400 sq.ft.
    • Multi-Family
    Listing# 1449088 | Pending Feasibility
    Days On Market: 19 0 Views
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    Property Details

    Located just 10 blocks from the future lynnwood light rail station Glenwood is a classic wood and brick 33 unit apartment building. A Great mix of 17 724 sqft 1 bed units, 15 924 sqft 2 bed units and 1 1650 sqft office. All units have a open floor plans, lots of light and outside access with decks or patios. 19 units have been remodeled. Easy commute to Seattle, Bellevue and Everett as you are 10 blocks from I5, the light rail station and 3 blocks from 99. Tremendous income upside potential.

    • General Features
      • County Snohomish
      • Style 56-10+ Units
      • Number of Stories 3
      • Number of Units 33
      • Year Built 1968
      • Lot Dimensions 156x336
      • Lot Details Curbs, Paved Street, Sidewalk
      • Lot Square Footage 58,806
      • Site Features Cable TV, Deck, Fenced-Partially, High Speed Internet
      • County Snohomish
    • BuildingFeatures
      • Approx SqFt 35,400
      • Roof Torch Down
      • Exterior Brick, Wood
      • Amenities Coin Op Laundry, Storage
      • Floor Covering Ceramic Tile, Vinyl, Wall to Wall Carpet
    • Financials
      • Total Monthly Income $497,340
      • Net Operating Income $290,707
      • Gross Scheduled Income $497,340
      • Gross Adjusted Income $0
      • Total Expenses $206,633
      • Other Expenses $0
      • Insurance Expenses $15,142
      • Expenses $206,633
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 13
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $54,606
      • Energy Source Electric
      • Heating and Cooling Baseboard
      • Water Company city of lynnwood
      • Sewer Company Sewer Connected
    • Schools
      • School District Edmonds
      • Senior High Lynnwood High
      • Junior High Alderwood Mid
      • Elementary School Cedar Way Elem

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    Neighborhood

    98036 (Lynnwood) Demographics

    38Median Age
    3,982Population Density (per sq. mile)
    45%College Educated
    $68,750 Estimated Median Income
    9,035Estimated Total Home Owners
    5,180Estimated Total Renters
    64% / 36%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    38,536Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $537,450 Median Sales Price
    42 Homes Sold
    73 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $6,450,000
        5/15/2019 12:21:32 PM Status Changed Source New Value: Pending Feasibility
        5/1/2019 5:32:00 PM New in Database Source

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        This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.