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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!
- Neighborhood
- Type
- CountyKing
- Area720 - Lake Forest Park
- Tax Amount$7,369
- StatusActive
- Listing #2228005
- Built1959
- Lot Size0.19
- Listed on site10 days
Listed by:
John L. Scott, Inc.
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2024-05-06 17:27:48. DMCA
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School Info
- elementary schoolBriarcrest Elem
- middle schoolKellogg Mid
- high schoolShorecrest High
Property details
Community Features
- No HOA
- No Adult Community
Exterior features
- No Pool
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