Listing courtesy of Keller Williams Rlty Bellevue 425-454-0911
$1,825,000
Investor’s dream just steps from Shoreline Community College! This high-performing official duplex offers an exceptional Multifamily/Boarding House/Student Housing opportunity with a strong rental history and consistently high occupancy. One side was fully renovated in 2014 and features 8 private rooms with 4 bathrooms. The other side was newly built in… Read More 2017 with city permits and offers another 8 private rooms with 5 bathrooms, all in excellent condition. Both sides feature gourmet kitchens, dedicated washers and dryers for tenants to use at no additional cost, and functional layouts designed for shared living. Vacancies have historically been rare, with 2025 gross rental income approaching $145,000—a true cash-flow property. Located in a quiet, private setting with 12 on-site tenant parking spaces. Convenient access to Hwy 99, Shoreline light rail, shopping, dining, restaurants, and everyday amenities. A rare opportunity to acquire a proven income-producing property in a highly desirable rental location—an excellent addition to any investment portfolio! Read Less
Listing courtesy of Keller Williams Rlty Bellevue 425-454-0911
Listing Snapshot | Source HomeJunction
Cumulative Days On Market
43
Days on Website
43
Last Updated
Property Type
Multi Family
Square Ft.
5,300
Lot Size
0.3 Acres
Year Built
1983
Property Tax
$11,274
MLS Number
2568387
Additional Details | Source HomeJunction
Building
Built in 1983, Built in 1983 (effective), 2 stories, Construction Materials: Wood
Cooling
None
Expenses
Electric: $6,342, Fuel: $2,655, Insurance: $7,023, Other Expense: $11,715
Exterior Features
Wood
Floors
Ceramic Tile, Hardwood, Carpet
Foundation
Poured Concrete
Heating
Forced Air
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $144,422, Net Operating Income: $99,242
The "three tree" icon indicates listings provided by Northwest Multiple Listing Service.
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.
Based on information submitted to the MLS GRID as of . 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.
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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