1523 NE 147th Street, Shoreline, WA 98155 (MLS # 2228005)
Listing provided courtesy of Northwest MLS; John L. Scott, Inc.
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Exceptional Investment Opportunity Awaits! Discover the potential in this duplex, conveniently located minutes from the new light rail station and within walking distance to shopping and dining. Nestled in the award-winning Shoreline school district, this duplex sits on a spacious 8000+ sqft lot, zoned R24, offering immense possibilities for builders and investors alike. Imagine the prospect of boosting cash flow through cosmetic updates, aiming for a CAP RATE WELL ABOVE 5% in an area averaging 3-4%. Envision expanding with a DADU or redeveloping into FOUR 2000 SQFT modern homes. A rare chance to significantly elevate property value and accelerate wealth creation. Act Now to Transform Potential into Profit With This Winning Deal!
DAYS ON MARKET | 10 | LAST UPDATED | 4/28/2024 |
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TRACT | Briarcrest | YEAR BUILT | 1959 |
COMMUNITY | Briarcrest | COUNTY | King |
STATUS | Active | PROPERTY TYPE(S) | Multi Family |
School District | Shoreline |
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Elementary School | Briarcrest Elem |
Jr. High School | Kellogg Mid |
High School | Shorecrest High |
ADDITIONAL DETAILS | |
AIR | None |
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AREA | 720 - Lake Forest Park |
BUYER'S BROKERAGE COMPENSATION | 2 |
CONSTRUCTION | Cement Siding, Wood Siding |
HEAT | Baseboard, Electric |
INTERIOR | Wall to Wall Carpet |
LOT | 8111 sq ft |
STORIES | 1 |
STYLE | 52 - Duplex |
SUBDIVISION | Briarcrest |
TAXES | 7369 |
UTILITIES | Sewer Connected |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Properties with the icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/5/24 2:22 AM PDT. 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.
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