Address: 1523 NE 147th Street , Shoreline, WA 98155
City: Shoreline
State: WA
Zip: 98155
County: King
Description
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!
Property Map
From I5, exit at 145th Street. Turn east on 145th Street. Turn north on 15th Ave NE. Turn east on 147th Street.
Listing # Courtesy of Shepard Fei of John L. Scott, Inc.. Last Updated: April 29, 2024.
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