Courtesy: Westlake Associates, Inc.
206-505-9400
David Petersen
Conveniently located just North of Seattle City limits, the Highland Terrace Apartments offers a new investor a great value add opportunity with the flexibility of raising below market rents without the hassles and constraints of Seattle Landlord/Tenant laws. The value add here is to renovate all units with modern finishes, raise rents to market and implement a RUBS program to start billing back tenants for utilities. Ample carport and open parking. Updated electrical panels and newer TPO Roof. Potential to add in-unit washer and dryers. Upper units feature private decks. Individual hot water tanks for each unit. New secured tenant mailbox unit. Larger owner storage closet onsite.
Courtesy: Keller Williams Rlty Bellevue
425-454-0911
Tuyet Luong
Exceptional investment opportunity! This newer 22-unit build is located in the vibrant core of Shoreline, just a short walk to the Light Rail Station. Designed w/ functionality & style in mind, the property is fully fenced & features secured parking w/ 19 stalls. Each unit offers an open floor plan w/ in-unit laundry, contemporary finishes, & modern aesthetic that tenants will love. Top-floor units boast soaring 10-ft ceilings for elevated living. Residents enjoy access to premium amenities including an elevator, bike storage, gym, community room. For peace of mind, the property is equipped w/ a live security camera feed in all accessible common areas. Turnkey, low-maintenance asset in a growing rental market w/ strong upside potential.
Courtesy: Windermere Real Estate JS
360-653-2509
Natalee Thurston
*MUST HAVE SIGNED AROUND PURCHASE AGREEMENT PRIOR TO VIEWING*Exceptional Investment Opportunity in Shoreline! Discover this beautifully updated 4-plex located just minutes from the new Shoreline light rail station—a prime location offering unmatched convenience and long-term growth potential. Each of the four units has been thoughtfully renovated with modern finishes, creating stylish, low-maintenance living spaces that attract and retain quality tenants. All 4 units fully updated with updated kitchens, bathrooms, flooring, and fixtures. Strong rental history – every unit is currently leased. Walking distance to the new light rail, I-5, shopping, parks, Lake Forest Park and Edmonds.
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Shoreline is located in Washington. Shoreline, Washington has a population of 58,213. Shoreline is less family-centric than the surrounding county with 32.96% of the households containing married families with children. The county average for households married with children is 35.99%.
The median household income in Shoreline, Washington is $95,623. The median household income for the surrounding county is $106,326 compared to the national median of $69,021. The median age of people living in Shoreline is 41.7 years.
The average high temperature in July is 74.2 degrees, with an average low temperature in January of 37.1 degrees. The average rainfall is approximately 36.6 inches per year, with 4.6 inches of snow per year.
