This well-maintained 16-unit property offers investors immediate operational upside by implementing a utility bill-back system while benefiting from an attractive assumable loan at a 3.41% interest rate, fixed until January 2031. The building consists of twelve spacious 1BD/1BTH units and four 2BD/1.5BTH units, with 14 of the 16 units recently updated to feature new kitchen countertops, stainless steel appliances, modern bathroom vanities, and fresh carpeting. Approximately 10 units are equipped with in-unit washer/dryers, with two additional units believed to have existing hookups. Each unit also boasts a large private deck or patio, with all patios recently upgraded with new fencing and two deck replacements.
Active
Listed by:
Michael Urquhart,
Paragon Real Estate Advisors,
Saint E. Newton IV,
Paragon Real Estate Advisors
$4,550,000
19425 76th Avenue W, Lynnwood, WA 98036
20beds
16baths
12,775sqft
Est.:
Multi Family
Built in 1976
-- sqft lot
$4,271,500 Zestimate®
$356/sqft
$-- HOA
What's special
Modern bathroom vanitiesNew kitchen countertopsFresh carpetingDeck replacementsStainless steel appliancesNew fencing
- 126 days
- on Zillow |
- 463 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: April 08, 2025 at 03:43pm
Listed by:
Michael Urquhart,
Paragon Real Estate Advisors,
Saint E. Newton IV,
Paragon Real Estate Advisors
Source: NWMLS,MLS#: 2356901

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 16
Heating
- Baseboard, Electric
Cooling
- None
Features
- Has fireplace: No
Interior area
- Total structure area: 12,775
- Total interior livable area: 12,775 sqft
Property
Parking
- Total spaces: 31
- Parking features: Open
- Uncovered spaces: 31
Lot
- Size: 1.5 Acres
Details
- Parcel number: 27041700301800
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1976
Utilities & green energy
- Sewer: Sewer Connected
Community & HOA
Community
- Subdivision: Lynnwood
Location
- Region: Lynnwood
Financial & listing details
- Price per square foot: $356/sqft
- Annual tax amount: $37,658
- Date on market: 4/8/2025
- Listing terms: Assumable,Cash Out,Conventional
- Cumulative days on market: 127 days
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