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$1,050,000
2583629 MLS ⋅ ACTIVE Status
Investor alert: A durable, cash-flowing duplex in one of Snohomish County’s most rentable pockets — projected at approximately $69,780 in gross annual rent and a 5.23% cap rate, with upside as rents reset to market.Two ways to win: an established investor acquires a fully leased two-home asset with stable, diversified cash flow from day one. For someone stepping into multifamily for the first time, there is the possibility to live in one unit while the second covers much of your mortgage as a unit becomes available. This is a lower-risk entry into income property for a diverse set of investor profiles.The layout and location are a real assets, too: these are two full 3-bedroom, 2-bath homes — the size and layout people search for and stay in — with quick access to the region’s largest employers via the new light rail to Seattle and the Bellevue/Eastside corridor, keeping a broad, credit-worthy tenant pool competing for quality 3-bedroom rentals.Each home is built to lease fast and stay leased: attached two-car garage, in-unit full-size washer and dryer, private fenced yard, and a comfortable single-family-style layout.

16206 2nd Place W, Lynnwood

Listing Broker: Windermere Real Estate/Summit; Ricardo Mendes; 425-533-5849; ricardo.mendes@windermere.com

$850,000
2390152 MLS ⋅ ACTIVE Status
Excellent investment opportunity! This beautifully updated duplex offers flexibility and income potential. Live in one unit and rent out the other to offset your mortgage. Unit A features 3 bedrooms, each with a walk-in closet, plus new floors, fresh paint, tile backsplash, a wood-burning fireplace, and a newly sealed deck. A new roof was installed in 2023. Unit B includes 2 bedrooms, new flooring and carpet, sleek quartz countertops, and abundant natural light. Both units are move-in ready and designed for comfort and functionality. Whether you're house-hacking or building your rental portfolio, this is a smart, versatile investment you won't want to miss! This home appraised at 925K in 2023 prior to updates so its priced to sell!

15330 40th Avenue W Unit #A & B, Lynnwood

Listing Broker: Ballpark Realty; Dustin S. Bruce; 206-719-1061; dustin@ballpark-realty.com

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