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Listed by Westlake Associates, Inc.
$ 1,840,000
Est. payment /mo
Active
1728 NE 145th ST Shoreline, WA 98155
12 Beds
8 Baths
8,163 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 8,163 sqft
Price per Sqft $225
Subdivision Briarcrest
MLS Listing ID 2341243
Style 55 - 5-9 Units
Bedrooms 12
Year Built 1970
Annual Tax Amount $19,125
Lot Size 8,132 Sqft
Property Sub-Type Multi-Family
Property Description
Located in the City of Shoreline, but it borders the City of Seattle which presents a compelling investment play—leveraging Seattle's premium rental yields while bypassing its stringent landlord-tenant laws. First time on the market in over 20 years this property should not be street appraised. Constructed in 1970, this solid asset features a mix of 3-bedroom, 2-bedroom, and 1-bedroom units, averaging a generous 760 square feet. Each unit offers sizable balconies or patios and has off street parking for 13 cars. Over 50% of the units have been modernized with LVT flooring, updated kitchen countertops, and refreshed bathroom surrounds, minimizing immediate capex needs. Steps from the 145th Street Light Rail Station.
Location
State WA
County King
Area 720 - Lake Forest Park
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Cement/Concrete, Wood
Amenities Available Deck, Fenced-Partially
View Y/N No
Roof Type Composition
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
New Construction No
Schools
School District Shoreline
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.