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    14514 31st Avenue NE

    Shoreline, WA 98155
    • $2,180,000
    • STATUS: Active
    • ON SITE: 10 days
    • ID#: 1787297
    UPDATED: 36 min ago
    $2,180,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Keller Williams Greater Seattl.

    Description

    Motivated Seller!! ***$70,000 PRICE DROP*** Excellent INVESTMENT OPPTY/ 1031? with RENTAL INCOME and Great Tenants for Future Resale to Builder/Developer, or DEVELOPE / BUILD 14+ Townhomes or 19 condos/apts -Why limit your appreciation when you could benefit from the upside opportunity based more on the retail value (approx $10 million). NEAR LIGHT RAIL. Currently 2 Rental Homes on 2 adjoining R48 Multi Fam Lots (14514 & 14520 31st) Being Sold Together for list price. Best comp MLS #1555771 sold for $1mil as a 6 unit small Townhome site. See Architect rendering of these 14 townhomes (1800+ sq ft). 16 smaller townhomes may also be possible. Drive by ok, Please do not get out of car or disturb tenants.

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    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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-18T07:15:13.29.

    www.home4investment.com/homes/117980207
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    14514 31st Avenue NE Shoreline, WA 98155

    • Price: $2,180,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 1787297
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1947
    Built
    Neighborhood:
    Briarcrest
    County:
    King
    Area:
    Lake Forest Park
    School District:
    Shoreline
    Property Description
    Motivated Seller!! ***$70,000 PRICE DROP*** Excellent INVESTMENT OPPTY/ 1031? with RENTAL INCOME and Great Tenants for Future Resale to Builder/Developer, or DEVELOPE / BUILD 14+ Townhomes or 19 condos/apts -Why limit your appreciation when you could benefit from the upside opportunity based more on the retail value (approx $10 million). NEAR LIGHT RAIL. Currently 2 Rental Homes on 2 adjoining R48 Multi Fam Lots (14514 & 14520 31st) Being Sold Together for list price. Best comp MLS #1555771 sold for $1mil as a 6 unit small Townhome site. See Architect rendering of these 14 townhomes (1800+ sq ft). 16 smaller townhomes may also be possible. Drive by ok, Please do not get out of car or disturb tenants.
    Exterior Features

    Carport Spaces 2 Carport YN No Covered Spaces 2 Exterior Features Wood Products Lot Features Paved Open Parking Spaces 2 Open Parking YN Yes Parking Features Rv Parking Parking Total 4 Parking Uncovered Spaces 2 Roof Composition Structure Type Duplex Style Code 52 - Duplex View YN Yes Waterfront YN No

    Interior Features

    Fireplace YN No Foundation Details Poured Concrete Furnished Unfurnished Heating Cooling Type Forced Air

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 49740 Insurance Expense 600 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventionalSee Remarks Net Operating Income 0 New Construction YN No Power Production Type Natural Gas Property Sub Type Multi-Family Sewer Sewer Connected Site Features Cable TvFenced-PartiallyGas AvailableHigh Speed InternetPatioRV Parking Special Listing Conditions None Tax Annual Amount 5676 Tax Year 2017 Total Expenses 6276 Utilities Cable ConnectedHigh Speed InternetNatural Gas AvailableSewer ConnectedNatural Gas Connected Water Sewer Garbage 0 Water Source Public Zoning Jurisdiction City

    Listing information © 2021 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 Ben Kinney Real Estate Team - Keller Williams Western Realty 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 Ben Kinney Real Estate Team - Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-06-18T07:15:13.29.

     
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    Ben Kinney Real Estate Team - Keller Williams Western Realty
    2211 Rimland Drive Suite 124
    Bellingham WA, 98226
    Listing Courtesy of Keller Williams Greater Seattl.