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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Serena Kendall

Serena Kendall

+1(509) 383-8243
Listed by:Westlake Associates, Inc. • David W Petersen
$ 3,500,000
Est. payment | /mo

21 Beds

15 Baths

12,162 SqFt

Save
$ 3,500,000
Est. payment | /mo
Save

21 Beds

15 Baths

12,162 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,162 sqft

Price per Sqft $287

Subdivision Shoreline

MLS Listing ID 2487093

Style 56 - 10+ Units

Bedrooms 21

Year Built 1963

Annual Tax Amount $37,360

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

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Wood

View Y/N No

Roof Type Flat,See Remarks

Building

Sewer Sewer Connected

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 SCHOOLS & PROPERTIES

Serena Kendall

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(509) 383-8243

serena@serenakendallhomes.com

10121 W. Clearwater Suite 102, Kennewick, WA, 99336, United States

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14520 Phinney AVE N