Looking for a great investment property in Lake Forest Park? Visit this well maintained 4 unit apartment building which has had zero vacancy since current owner acquired property in 2017.Exterior and grounds have been well cared for by current owner. Each 2 bedroom unit features own laundry, full bath, great room living and dining area, one storage space, one covered parking and either a deck or patio. There are 3 additional parking spaces owned by this building, plus other parking on the same cul-de-sac for guest parking. Each unit has been updated/upgraded as allowed and needed, with paint, wall heaters, carpet and appliances. Proximity to the light-rail, freeway and shopping are exceptional. Please do not disturb tenants.
Owner Occupy or Residential Investment! Awesome quadruplex with residential lending available! Effectively built 1995 and thoroughly updated by the builder/owner. Nearby future Light Rail access & 15th Avenue commuting to UW, and North City restaurants and shopping. Units 1 & 2 currently combined as single space with luxury appointments throughout. Also, a pellet stove, mini-split, in-floor heating, low voltage & internet panel and lots of high-speed cabling. Two upper floor residential units (unit 3 updated), outbuilding storage with security, Nat Gas Generator, Nat Gas Tankless Hot Water Htr, decks, patio, bike rack, 12 tandem parking spaces and much more! Cap Rate 4.6%. Separate Laundry Room w/leased Coin-Op. Don't miss this one!
Shoreline is located in Washington. Shoreline, Washington has a population of 55,431. Shoreline is less family-centric than the surrounding county with 32.61% of the households containing married families with children. The county average for households married with children is 35.76%.
The median household income in Shoreline, Washington is $76,271. The median household income for the surrounding county is $83,571 compared to the national median of $57,652. The median age of people living in Shoreline is 41.7 years.
The average high temperature in July is 75.7 degrees, with an average low temperature in January of 37 degrees. The average rainfall is approximately 41.4 inches per year, with 3.6 inches of snow per year.