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Listed by:Maple Leaf Real Estate LLC • Tina Christensen

$1,450,000

Est. payment - /mo

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8 Beds

4 Baths

3,680 SqFt

Active

1627 NE 199th PL Shoreline, WA 98155

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Ryan Born

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,680 sqft

Price per Sqft $394

Subdivision Lake Forest Park

MLS Listing ID 2548098

Style 54 - 4-Plex

Bedrooms 8

Year Built 1980

Annual Tax Amount $11,467

Lot Size 0.263 Acres

Property Sub-Type Multi Family

Property Description

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.

Location

State WA

County King

Area 720 - Lake Forest Park

Interior

Flooring Ceramic Tile, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Deck, High Speed Internet, Patio

View Y/N No

Roof Type Composition

Building

Lot Description Curbs, Dead End Street, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Brookside Elem

Middle Schools Kellogg Mid

High Schools Shorecrest High

School District Shoreline

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Breakdown

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Amenities & Attractions

Restaurants

Home Services

Health & Medical

Local Services

Shopping

Recreation

Arts & Entertainment

Food

Beauty

Nightlife

Automotive

Religious Organizations

Financial Services

Professional Services

Education

Teriyaki Plus

19939 Ballinger Way NE, Shoreline, WA 98155

Japanese Phone: 206-361-9811
Teriyaki Town

20320 Ballinger Way NE, Shoreline, WA 98155

Japanese Phone: 206-361-9088
Pagliacci Pizza

20059 Ballinger Way NE, Shoreline, WA 98155

Pizza Phone: 206-726-1717
Curb Burbers On The Side

1805 N E 205th St, Shoreline, WA 98155

American (New)
Alive Juice Bar

20206 Ballinger Way, Shoreline, WA 98155

Soup Phone: 206-310-1955
Todo Mexico

19953 Ballinger Way NE, Shoreline, WA 98155

Mexican Phone: 206-363-5051
McDonald’s

20227 Ballinger Way NE, Shoreline, WA 98155

Burgers Phone: 206-365-4511
Subway

20238 Ballinger Way NE, Shoreline, WA 98155

Sandwiches Phone: 206-363-0112

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