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Listing courtesy of John L. Scott, Inc. 206-527-0700
Description
Exceptional Investment Opportunity Awaits! Discover the potential in this duplex, conveniently located minutes from the new light rail station and within walking distance to shopping and dining. Nestled in the award-winning Shoreline school district, this duplex sits on a spacious 8000+ sqft lot, zoned R24, offering immense possibilities for builders and investors alike. Imagine the prospect of boosting cash flow through cosmetic updates, aiming for a CAP RATE WELL ABOVE 5% in an area averaging 3-4%. Envision expanding with a DADU or redeveloping into FOUR 2000 SQFT modern homes. A rare chance to significantly elevate property value and accelerate wealth creation. Act Now to Transform Potential into Profit With This Winning Deal!
Property Details and Features
Appliances & Equipment
- Appliances: “Dryer(s)”, “Disposal”, “Refrigerator(s)”, “Stove(s)/Range(s)”, “Washer(s)”
- Appliances Included: Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Basement
- Basement: “None”
Bathrooms
- 2 full bathrooms
- Baths Full Main: 2
Bedrooms
- Bedrooms Possible: 6
- Bedrooms Total: 6
Building
- Building Area Total: 2030
- Building Area Units: Square Feet
- Building Information: Built On Lot
- Building Name: JARDIN EL NORTE ADD
- Calculated Square Footage: 2030
- Elevation Units: Feet
- Entry Location: Main
- Levels: “One”
- Living Area: 2030
- Structure Type: “House”
- Year Built: 1959
- Year Built Effective: 1959
Exterior Features
- Exterior Features: “Cement Planked”, “Wood”
Floors
- Flooring: “Vinyl”, “Carpet”
Foundation
- Foundation Details: “Poured Concrete”
Heating
- Water Heater Type: Electric
Home Owner’s Association
- Association Fee: $0
Interior Features
- Interior Features: “Wall to Wall Carpet”, “Second Kitchen”, “Water Heater”
Listing
- Senior Exemption: false
Location
- County or Parish: King
- Subdivision: Briarcrest
Lot
- Features: “Value In Land”
- 0 acres
- 8109 square feet
Miscellaneous
- Inclusions: Dryers, GarbageDisposal, Refrigerators, StovesRanges, Washers
Parking
- Covered Spaces: 0
- Parking Features: “Driveway”, “Off Street”
- Parking Total: 0
Possession
- Possession: “Closing”, “Tenant’s Rights”
Property
- Property Condition: “Average”
Roof
- Roof: “Composition”
Schools
- Elementary School: Briarcrest Elem
- Middle Or Junior School: Kellogg Mid
- High School District: Shoreline
- High School: Shorecrest High
Sewer
- Sewer: “Sewer Connected”
- Sewer Company: City of Shoreline Wastewater Utility
Utilities
- Power Company: Seattle City Light
- Power Production Type: “Electric”
- Water Company: Seattle Public Utility
- Water Source: “Public”
Listings last updated on May 11, 2024 12:54.