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    1530 NE 146th Street

    Shoreline, WA 98155
    • $6,200,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: 1788290
    UPDATED: 49 min ago
    $6,200,000
    • 0
      BEDS
    • 0.56
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1978
    County:

    School Ratings & Info

    School District:
    Listing Courtesy of Westlake Associates, Inc..

    Description

    The Bluestone Apartments, located just outside of Seattle city limits, provides an opportunity to acquire a 26-unit property with all the gut renovations completed. All 26 units have been renovated within the last 5 years. Renovations include granite countertops - kitchen and bathrooms, wood cabinets, new light fixtures and more. The asset provides new ownership with an immediate upside with proven rents and with all current tenants in good standing. Bluestone is ideally located blocks away from the new light rail station opening in 2024 with direct access to Seattle. New ownership will enjoy an ideal location with added appreciation.

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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 2021-06-23T15:14:16.967.

    www.home4investment.com/homes/118071997
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    1530 NE 146th Street Shoreline, WA 98155

    • Price: $6,200,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 1788290
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.56
    Acres
    1978
    Built
    Neighborhood:
    Briarcrest
    County:
    King
    Area:
    Lake Forest Park
    School District:
    Shoreline
    Property Description
    The Bluestone Apartments, located just outside of Seattle city limits, provides an opportunity to acquire a 26-unit property with all the gut renovations completed. All 26 units have been renovated within the last 5 years. Renovations include granite countertops - kitchen and bathrooms, wood cabinets, new light fixtures and more. The asset provides new ownership with an immediate upside with proven rents and with all current tenants in good standing. Bluestone is ideally located blocks away from the new light rail station opening in 2024 with direct access to Seattle. New ownership will enjoy an ideal location with added appreciation.
    Exterior Features

    Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features Wood Open Parking Spaces 32 Open Parking YN Yes Parking Total 32 Parking Uncovered Spaces 32 Roof Flat Structure Type Multi Family Style Code 56 - 10+ Units View YN No Waterfront YN No

    Interior Features

    Fireplace YN No Flooring VinylCarpet Furnished Unfurnished Heating Cooling Type Baseboard Heating YN Yes

    Property Features

    Electric Expense 0 Electric On Property YN False Fuel Expense 0 Gross Scheduled Income 401965 Insurance Expense 16500 Irrigation Water Rights YN No Leased Items None Listing Terms Cash OutConventional Net Operating Income 233789 New Construction YN No Possible Use Multi-Family Power Production Type Electric Property Sub Type Multi-Family Sewer Sewer Connected Special Listing Conditions None Tax Annual Amount 72624 Tax Year 2021 Total Expenses 156117 Units In Building Total 26 Utilities Sewer ConnectedElectricity Available Water Sewer Garbage 25239 Zoning Class Multi-Family 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 2021-06-23T15:14:16.967.

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