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253-848-5304

$900,000 1515 NE 148th St, Shoreline, WA 98155

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There is an additional space that is currently being utilized as storage but could also be used as a small office. There is plenty of onsite parking and each unit has its own deck. Two of the floors have laundry facilities for the tenants. The building has been well maintained and has a history of low vacancies and strong cash flow. This is an ideal investment for a private investor wanting cash flow and growth.

  • Exterior Features

    Carport Spaces

    • 9

    Exterior

    • Stucco

    Parking Spaces Total

    • 14

    Roof

    • Composition
    • Flat

    Style

    • 6-9 Units

    Uncovered Parking Spaces

    • 5
  • Interior Features

    Amenities

    • Coin Op Laundry

    Energy Source

    • Electric

    Heating

    • Baseboard

    Leased Items

    • None

    Unit1 Bathrooms

    • 1.00

    Unit1 Bedrooms

    • 1

    Unit1 Dishwasher

    • Yes

    Unit1 Fireplaces

    • 0

    Unit1 Range Oven

    • Yes

    Unit1 Refrigerator

    • Yes

    Unit1 Sq Ft

    • 700

    Unit1 Washer Dryer

    • No

    Unit2 Bathrooms

    • 1.75

    Unit2 Bedrooms

    • 2

    Unit2 Dishwasher

    • Yes

    Unit2 Fireplaces

    • 0

    Unit2 Range Oven

    • Yes

    Unit2 Refrigerator

    • Yes

    Unit2 Sq Ft

    • 1040

    Unit2 Washer Dryer

    • No

    Unit3 Bathrooms

    • 0.00

    Unit3 Bedrooms

    • 0

    Unit3 Fireplaces

    • 0

    Unit3 Sq Ft

    • 0

    Unit4 Bathrooms

    • 0.00

    Unit4 Bedrooms

    • 0

    Unit4 Fireplaces

    • 0

    Unit4 Sq Ft

    • 0

    Unit5 Bathrooms

    • 0.00

    Unit5 Bedrooms

    • 0

    Unit5 Fireplaces

    • 0

    Unit5 Sq Ft

    • 0

    Unit6 Bathrooms

    • 0.00

    Unit6 Bedrooms

    • 0

    Unit6 Fireplaces

    • 0

    Unit6 Sq Ft

    • 0
  • Property Features

    Annual Taxes

    • 11318

    Electrical Expenses

    • 0

    Gross Annual Expenses

    • 78546

    Gross Heating Expenses

    • 0

    Gross Housing Assoc Dues

    • 0

    Gross Rent Multiplier

    • 11

    Gross Scheduled Income

    • 82680

    Insurance Expenses

    • 2250

    Net Operating Income

    • 47842

    Other Expenses

    • 7550

    Possession

    • Closing

    Sewer

    • Sewer Connected

    Tax Year

    • 2011

    Third Party Approval Reqd

    • None

    Total Expenses

    • 30704

    Total Monthly Income

    • 6890

    Unit1 Monthly Rent

    • 695

    Unit2 Monthly Rent

    • 850

    Unit3 Monthly Rent

    • 0

    Unit4 Monthly Rent

    • 0

    Unit5 Monthly Rent

    • 0

    Unit6 Monthly Rent

    • 0

    Vacancy Rate

    • 5

Listing information © 2012 Northwest Multiple Listing Service.

Price History
DATE DAYS AGO EVENT NEW PRICE
Feb 16, 2012 94 days ago New on market $900,000

Ask an Expert :: 1515 NE 148th St

Steven Price

Steven Price


Real Estate Broker
Keller Williams Puyallup (Seattle Group)
1029 E Main Street
Suite 201
Puyallup, WA 98372


Office:
253-848-5304


Let me know how I can assist you with your Seattle Real Estate needs. I am here to help! View my Profile / Listings



nwmls Reciprocity Logo Listing courtesy of Westlake Associates, Inc.. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by Keller Williams Puyallup 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 Keller Williams Puyallup are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers.