1523 NE 147th Street, Shoreline WA, 98155
(Active)
$780,000
|
2,030 sqft
|
MLS# 2228005
Last Updated: 5/6/2024 10:02 AM
Description for
1523 NE 147th Street
Shoreline, WA 98155
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!
Price
$780,000
Briarcrest
King
2,030 (approx)
2228005
Active
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!
Listing Information
| Property Type: Duplex, Multi-Family, 1 Story | ||
| 0.19 Acres | 2,030 (approx) | 1959 |
| 1 | Cement plank,Wood | Multi-Family, Residential |
Briarcrest
Public
Sewer Connected
Neighborhood
School Information
| District: Shoreline | ||
| Briarcrest Elem | Kellogg Mid | Shorecrest High |
Room Information
Interior Features
Vinyl, Carpet
None
Electric Heating,
Baseboard
Wall to Wall Carpet
Exterior / Lot Features
6 Parking Spaces,
Wood, Cement Plank
Composition
Driving Directions
From I5, exit at 145th Street. Turn east on 145th Street. Turn north on 15th Ave NE. Turn east on 147th Street.
Financial Considerations
| 3670500320 |
| $7,369 |
Conventional
Listing Price History
Shoreline Real Estate
Shoreline is located in Washington. Shoreline, Washington 98155 has a population of 58,578.
The median household income in Shoreline, Washington 98155 is $100,009. The median household income for the surrounding county is $102,088 compared to the national median of $66,222. The median age of people living in Shoreline 98155 is 41 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
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Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/25/2024 | Active | $780,000 USD |
|
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $7,645 USD | - | $728,000 USD | - |
| 2022 | $7,645 USD | 15.62% | $728,000 USD | 41.63% |
| 2021 | $6,612 USD | 1.41% | $514,000 USD | - |
| 2020 | $6,520 USD | 13.08% | $514,000 USD | 11.74% |
| 2019 | $5,766 USD | 7.88% | $460,000 USD | - |