MLS #2455933 / Listing provided by NWMLS & Westlake Associates, Inc..
$3,500,000
14520 Phinney Avenue N
Shoreline,
WA
98133
Sq Ft
Per Sq Ft
Year Built
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.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 18
- Uncovered Parking Spaces: 13
- Open Parking Spaces: 13
Structure
- Roof: Flat, See Remarks
- Exterior Features: Cement/Concrete, Wood
Lot Details
- Acres: 0.4016
Schools
- High School District: Shoreline
Lot Details
- Acres: 0.4016
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water, Sewer, and Garbage: 26442
Christi Young
Broker | REALTOR®
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