401 N 9th Street Unit #A & B, Lynden, WA 98264
- $785,000
- 2,892
- SqFt
Listing courtesy of Muljat Group.
- List Price
- $785,000
- Status
- ACTIVE
- MLS#
- 2519277
- Days on Market
- 82
- Style
- 52 - Duplex
- Finished SqFt
- 2,892
- Area Total SqFt
- 2892
- Annual Tax Ammount
- 4253.25
- Lot Size (sq ft)
- 5,663
- Sewer
- Sewer Connected
Property Description
Investment Opportunity! Own a multifamily property in a prime Lynden location. Conveniently situated near parks, schools, and downtown shopping, this asset offers strong tenant appeal and consistent rental demand in a desirable setting. Each unit features 3 bedrooms, 2 bathrooms, open-concept living, spacious kitchens with dining areas, and in-unit laundry, designed to attract and retain quality tenants. Private backyard spaces and dedicated storage spaces. The lower unit was fully remodeled in 2020. The building was rebuilt from the foundation in 1990, with exterior upgrades completed in 2020, including all-new siding and fresh paint. Turnkey and income-producing, this property delivers reliable cash flow with minimal management and solid upside potential.
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Additional Information
- List Date
- 2026-05-07 19:28:13
- Community
- Lynden
- Net Operating Income
- $40,724
- Gross Adjusted Income
- $49,200
- Gross Scheduled Income
- $49,200
- Total Monthly Income
- $4,100
- Insurance Expenses
- $1,441
- Water/Sewer/Garbage Expenses
- $2,782
- Gross Rent Multiplier
- 15.95
- Total Expenses
- $8,476
- Cap Rate
- 5.18
- Total Number of Units
- 2
- Unit Name
- 401
- Potential Terms
- Cash, Conventional
- Year Built
- 1900
- Roof
- Composition
- Site Features
- Cable TV, Deck, Fenced-Fully, Patio
- Energy Source
- Electric, Natural Gas
- School District
- Lynden
- Total Monthly Income
- $4,100
- Gross Scheduled Income
- $49,200
- Gross Adjusted Income
- $49,200
- Tax Year
- 2026
- Insurance Expense
- $1,441
- W/S/G Expenses
- $2,782
- Total Expenses
- $8,476
- Net Operating Income
- $40,724
- Gross Rent Multiplier
- 15.95
- Cap Rate
- 5.18
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.