3217 204th St SW, Lynnwood, WA

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Duplex: Great Cashflow potential

Share Listing

4BR/2BA Multi-Family, 2 units

offered at $239,950

Year Built	1984
Sq Footage	1,912
Bedrooms	4
Bathrooms	2 full, 0 partial
Floors	1
Parking	Unspecified
Lot Size	13,068 sqft
HOA/Maint	$0 per month

DESCRIPTION

Good-sized, corner lot duplex with great cash-flow potential. It is located close to Alderwood Mall with easy freeway access. Seller cannot afford to finish repairs/updates. Repairs are priced-in. Rehab Loan maybe required. Garage(s) have been converted into recreation rooms: Non-Conforming conversions. Unit#1 is tenant-occupied under month-to-month; Unit#2 is vacant and not livable due to unfinished repairs.

Short Sale Dirty Details:

1.) Two liens

2.) No deficiency judgment provisions on both liens

3.) Non-owner occupied (tenant-occupied)

4.) Rehab property, non-FHA / non-VA financeable.

5.) Closing date: 11-08-2011

Carlo Delizo, Team Lead & Managing Broker

RE/MAX Metro Realty Inc.

REO Certified

Certified Distressed Property Expert (CDPE)

Accredited Short Sale Designation

Short Sale & Foreclosure Resource (NAR)