16925 Larch Wy is a $949,999, 4,810 square foot home on a 0.73 acre lot located in Lynnwood, WA.
Unique multi-family zoned duplex with options as an investor, developer, or owner occupied. The property has a seven year history of rental. In most recent years net operating income has been just shy of $55k; cap rate of 5.7%. Potential to subdivide at least two lots for sale or development. If the lots are sold for $200k to $250k, and the remaining property is held, the cap rate would jump to 8% to 12%+!
Wall to Wall Carpet
|Heating and Cooling Types|
Very Good Condition
Value In Land
High Speed Internet
martha lake elemml
None Third Party Approval Required
Based on information from the Northwest Multiple Listing Service (NWMLS), last updated 02/22/2019 at 03:09am MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website. Disclaimer: The information contained in this listing has not been verified by RE/MAX Whatcom County, Inc. and should be verified by the buyer. See full DMCA disclaimer