Excellent investment opportunity in a prime Shoreline location near the King/Snohomish County line! This well-maintained fourplex features four spacious 2-bedroom, 1-bath units each with a woodburning fireplace, walk-in closet, 2 large storage/linen closets, in-unit full size washer/dryer and a private covered patio or deck. Situated on a generous 11,475 sq. ft. lot at the end of a quiet dead-end street, the property includes four covered carport spaces, each with its own storage closet plus four additional storage closets for additional monthly income and three additional uncovered parking spaces along with several open guest parking spaces shared with other buildings. Building roof replaced in 2017. Located within the highly regarded Shoreline School District, this income-producing property provides convenient access to 1-5, 1-405, Shoreline and Mountlake Terrace light rail stations, shopping, dining, parks, Lake Washington and Edmonds waterfront. With spacious layouts, abundant parking and storage, and an excellent commuter location, this fourplex presents an outstanding opportunity for investors seeking a quality asset in one of the area's stronger rental markets.
| MLS # | 2548098 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1980 |
| Days On Site | 60 |
| Listing Provided By | Maple Leaf Real Estate LLC | Tina Christensen |
| SQ Feet | 3,680 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Multi-Family |
| Acreage | 0.26 |
| Property | 11467 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Shoreline |
| Zip Code | 98155 |
| Area | 720 Lake Forest Park |
| Community Name | Lake Forest Park |
| School District | Shorecrest High |
| Elementary School | Brookside Elem |
| High School | Shorecrest High |
| Listing VS Median (in Lake Forest Park) | |
Price: $1,450,000 low | high Med: $898,500 sqft: 3,680 low | high Med: 2,260 $ / sqft: $394 low | high Med: $398 On site: 60 low | high Med: 12 | |
| State | WA |
|---|---|
| County | King |
| City | Shoreline |
| Zip Code | 98155 |
| Area | 720 Lake Forest Park |
| Community Name | Lake Forest Park |
| School District | Shorecrest High |
| Elementary School | Brookside Elem |
| High School | Shorecrest High |
| Listing VS Median (in Lake Forest Park) | |
Price: $1,450,000 low | high Med: $898,500 sqft: 3,680 low | high Med: 2,260 $ / sqft: $394 low | high Med: $398 On site: 60 low | high Med: 12 | |
![]() | $1,200,0001226 Ne Ballinger PlaceShoreline, WA 98155 |
![]() | $1,199,9502224 Ne 197th PlaceShoreline, WA 98155 |