SW Snohomish Cty/Lynnwood/Edmonds
Martha Lake Elemml
This duplex has options! Occupy the 2,405 of ADA accessible sqft upstairs as your personal residence, house your toys in the 2008 sqft of heated garage space, and leverage the 2,405 of lower unit sqft as your business home base. Or, continue to rent as a duplex to produce $55k of net operating income; a 5.7% cap rate. Subdivide the 31,799 sqft lot, entitle and sell - or develop yourself. If lots were sold for $200k to $250k the existing property could be held for a cap rate between 8% to 12%.
Additional DwellingBuilt On Lot
SecludedValue In Land
161' X 197'
Lot Topography And Vegetation
Fruit TreesGarden SpaceLevelPartial Slope
12 - 2 Story
Total Covered Parking Spaces
HardwoodVinylWall to Wall Carpet
Heating And Cooling
Forced AirStove/Free StandingWall
2nd KitchenBath Off MasterCeiling Fan(s)Dbl Pane/Storm WindwDining RoomDisabled AccessHigh Tech CablingWalk In PantryWalk-in Closet
Master Bedroom Location
Square Footage Finished
Square Footage Unfinished
Basement Central-(2) 50Gal Gas Standard
Bus Line Nearby
Bus Route Number
Home Owner Dues
Monthly Rent If Rented
New Construction YN
Right Of First Refusal
Septic Approved For Number Of Bedrooms
Cable TVDeckDisabled AccessFenced-FullyGas AvailableHigh Speed InternetOutbuildingsPatioRV ParkingShop
Square Footage Source
Cash OutConventionalFHAOwner FinancingVA
Third Party Approval Required
Listing information © 2019 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Ben Kinney Real Estate Team - Keller Williams Western Realty and should be verified by the buyer.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2019-02-19T15:16:02.607.