Listing courtesy of Windermere Real Estate JS 360-653-2509
$1,299,950
Exceptional Investment Opportunity in Shoreline! [TURN KEY] Discover this beautifully updated 4-plex located just minutes from the new Shoreline light rail station, offering unmatched convenience and long-term growth potential. Each of the four units has been thoughtfully renovated with modern finishes, creating stylish, low-maintenance living spaces that attract and retain… Read More quality tenants. All units feature updated kitchens, bathrooms, flooring, and fixtures, ensuring minimal future capital expenses. This property boasts a strong consistent rental history, with all four units currently leased. Residents enjoy easy access to I-5, shopping, parks, Lake Forest Park, and Edmonds, making this an ideal location for commuters and lifestyle-focused tenants alike. Each unit equipped with in-unit washers and dryers, complemented by a common area coin-operated machine for larger loads and comforters. The upper units offer private decks, while the lower units feature fenced yards, providing desirable outdoor living spaces. Pride of ownership is evident throughout, with zero deferred maintenance and a well-cared-for structure that reflects long-term stewardship. Zoned R24, this property offers excellent future development potential in an ever-growing area. Originally designed for owner-occupancy in Unit B with three income-producing units, this versatile investment presents a rare opportunity for both investors and owner-users seeking stable returns in a prime Shoreline location. Read Less
Listing courtesy of Windermere Real Estate JS 360-653-2509
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
236
Days on Website
298
Last Updated
Property Type
Quadruplex
Square Ft.
3,382
Lot Size
0.19 Acres
Year Built
1978
Property Tax
$10,227
MLS Number
2428924
30 Days Snapshot Of 98155
$1.01M
+22%
(avg) sold price
28
-24%
homes sold
41
-6%
(avg) days on market
Snapshot
Area Map
Additional Details | Source HomeJunction
Building
Building Area Total: 3382, Building Area Units: Square Feet, Building Name: Ballinger Woodlands, Calculated Square Footage: 3382, Construction Methods: Standard Frame, Elevation Units: Feet, Leasable Area: 3382, Living Area: 0, Number Of Units Total: 4, Stories Total: 2, Structure Type: "Quadruplex", Units In Building Total: 4, Year Built: 1978, Year Built Effective: 2001
Property Condition: "Very Good", Site Features: Cable TV, Deck, Fenced-Fully, High Speed Internet, Zoning Description: Multi-Family, See Remarks
Roof
Roof: "Composition", "See Remarks"
Sewer
Sewer: "Sewer Connected", Sewer Company: Ronald Wastewater
Utilities
Electric Expense: 840, Fuel Expense: 0, Power Company: Seattle City Light, Power Production Type: "Electric", Water Company: North City, Water Source: "Public"
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The listings presented here may or may not be listed by Wesley Lau. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing.
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The "three tree" icon indicates listings provided by Northwest Multiple Listing Service. The listings presented here may or may not be listed by Iolanthe Chan-McCarthy. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. The information being provided is for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. Listings last updated on .
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