14520 Phinney AVE N, Shoreline, WA 98133
14520 Phinney AVE N, Shoreline, WA 98133
14520 Phinney AVE N, Shoreline, WA 98133
14520 Phinney AVE N, Shoreline, WA 98133
14520 Phinney AVE N, Shoreline, WA 98133
14520 Phinney AVE N, Shoreline, WA 98133
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Listed by:Westlake Associates, Inc. • David W Petersen • Chad Michael Martini
Libby Williams

Libby Williams

+1(253) 202-5452
Listed by:Westlake Associates, Inc. • David W Petersen • Chad Michael Martini
$ 3,200,000
Est. payment | /mo

22 Beds

15 Baths

12,165 SqFt

Save
$ 3,200,000
Est. payment | /mo
Save

22 Beds

15 Baths

12,165 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 12,165 sqft

Price per Sqft $263

Subdivision Shoreline

MLS Listing ID 2594452

Style 56 - 10+ Units

Bedrooms 22

Year Built 1963

Annual Tax Amount $37,361

Lot Size 0.402 Acres

Property Sub-Type Multi Family

Property Description

Conveniently located just North of Seattle City limits, the Highland Terrace Apartments offers a new investor a great value add opportunity with the flexibility of raising below market rents without the hassles and constraints of Seattle Landlord/Tenant laws. The value add here is to renovate all units with modern finishes, raise rents to market and implement a RUBS program to start billing back tenants for utilities. Ample carport and open parking. Updated electrical panels and newer TPO Roof. Potential to add in-unit washer and dryers. Upper units feature private decks. Individual hot water tanks for each unit. New secured tenant mailbox unit. Larger owner storage closet onsite.

Location

State WA

County King

Area 715 - Richmond Beach/Shoreline

Interior

Fireplace false

Exterior

Exterior Feature Wood

View Y/N No

Roof Type See Remarks

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Shoreline

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

NEARBY SCHOOL & BUSINESS

Libby Williams

+1(253) 202-5452

libby@goldhouserealty.com

1120 Pacific Ave, Tacoma, WA 98402-4326, USA

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14520 Phinney AVE N

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