Two nicely maintained side by side 1986 built duplexes in Alderwood Manor (4 plex), within 1 mile of the future Lynnwood light rail station. Good size 2 bedroom/1 bath units with in-unit washer and dryer, skylight in bathroom. One of 4 units is completely renovated in 2022 with new cabinets, quartz counters, appliances, LVP etc! Other units are also remodeled over the years. Newer vinyl double pane windows. Strong tenant history, current rent is low and have room to go up. Land is over 17,000 sqft and LDMR zoning, potential to build up to 6-7 units (buyer to verify with city), add more units (2nd floor?). Exciting possibilities for expansion and increased rental income. Plenty of parking. Easy access to I-5/405, Alderwood Mall, Edmonds CC!
Current Location
