14520 Phinney Avenue N Shoreline, WA 98133
14520 Phinney Avenue N
Shoreline, WA 98133
$3,500,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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.
Property Features
Community: Shoreline
10+ Units
Exterior: Cement/Concrete
Exterior: Wood
Roof: Flat
Roof: See Remarks
Year Built: 1963
2022 Taxes: $35715.00
Buyer Broker Comp.: 2.5%
Listing #: 2455933
Lot Details
Lot Size: 0.40 acres
No. of Units: 15
Interior
Cooling: None
Heating: Forced Air
Electric
Common Features
Coin Op Laundry
Storage
Schools
District: Shoreline
Call or Email:
Grace Wamwere
What's Near 14520 Phinney Avenue N Shoreline, WA 98133?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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Courtesy of Westlake Associates, Inc.
