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Listing Firm: John L. Scott, Inc: Jon Hodgson

Bought With: Real Estate 2000 Inc. : Aimee E. Anthony

SOLD On March 11, 2022
NWMLS # 1890507

$1,600,000

  • Sold Price

7116 196th Street SW, Lynnwood, WA 98036

Listings with the three tree icon are courtesy of NWMLS

About This Property

Investors -- this is sure to capture your attention! Excellent cash flow, low maintenance five-plex in Lynnwood. New roof installed and fresh exterior paint one and half years ago; new trim, paint and flooring in units 2 and 4. All units have two levels. Each could easily be rented for $1700 / month. Washer and dryer in units allow for higher rent. Each unit has own back patio, ample parking. Solid rental history with inviting floor plans for easy turn key investment. Convenient to I-5 access, numerous amenities, shopping, just blocks to Edmonds community College. You see the possibilities -- so do we.

Buyer's Agent: Aimee E. Anthony • Real Estate 2000 Inc.

Listed by: Jon Hodgson • John L. Scott, Inc

Aris360 Last Checked: 2 Minutes Ago (Aug 03, 2025 09:30 AM)

  • Source: NWMLS as Distributed by MLS Grid #1890507

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 196th
  • Zip/Postal Code: 98036
  • City: Lynnwood

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$3,847 per month
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Property Features

  • County
    • Lynnwood
  • Community
    • 730 - Southwest Snohomish
  • MLS Area
    • 730 - Southwest Snohomish
  • Longitude
    • -122.32972
  • Latitude
    • 47.821148
  • Directions
    • From I-5: Head west on 196th. Property is on left, past 69th Pl W.

  • Interior
    • Wall to Wall Carpet
  • Floors
    • Vinyl
    • Carpet
  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 55 - 5-9 Units
  • Parking Spaces
    • 10
  • Foundation
    • Poured Concrete,
  • Elevation
    • Feet
  • Water Source
    • Public,
  • Exterior
    • Cement/Concrete
  • Roof
    • Composition,
  • Septic or Sewer
    • Sewer Connected,
  • Condition
    • Remodeled,
  • Water
    • Public
  • Building Total Area (Sq. Ft.)
    • 10890
  • Utilities
    • Sewer Connected,
    • Electric,

  • High School District
    • Edmonds
  • Jr. High School
    • Buyer To Verify
  • Elementary School
    • Buyer To Verify
  • High School
    • Buyer To Verify

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2021
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $7946
  • Year Built
    • 1967
  • Status
    • Sold

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Disclaimer: Based on information submitted to the MLS GRID as of Sun Aug 03 2025 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Aug 03, 2025 09:30 AM