$1,500,000
1627 NE 199th Place, Shoreline, WA 98155
3,680 Sq Ft
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MLS #2548098 / Listing provided by NWMLS & Maple Leaf Real Estate LLC.

$1,500,000

1627 NE 199th Place
Shoreline, WA 98155

Active 20 hours ago
3,680
Sq Ft
$408
Per Sq Ft
1980
Year Built

Excellent investment opportunity in a prime Shoreline location near the King/Snohomish County line! This well-maintained fourplex features four spacious 2-bedroom, 1-bath units each with a woodburning fireplace, walk-in closet, 2 large storage/linen closets, in-unit full size washer/dryer and a private covered patio or deck. Situated on a generous 11,475 sq. ft. lot at the end of a quiet dead-end street, the property includes four covered carport spaces, each with its own storage closet plus four additional storage closets for additional monthly income and three additional uncovered parking spaces along with several open guest parking spaces shared with other buildings. Building roof replaced in 2017. Located within the highly regarded Shoreline School District, this income-producing property provides convenient access to 1-5, 1-405, Shoreline and Mountlake Terrace light rail stations, shopping, dining, parks, Lake Washington and Edmonds waterfront. With spacious layouts, abundant parking and storage, and an excellent commuter location, this fourplex presents an outstanding opportunity for investors seeking a quality asset in one of the area's stronger rental markets.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 7
  • Total Uncovered Parking Spaces: 3

Structure

  • Roof: Composition
  • Exterior Features: Wood
  • Foundation: Poured Concrete

Lot Details

  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • Acres: 0.2634
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Shoreline
  • High School: Shorecrest High
  • Middle School: Kellogg Mid
  • Elementary School: Brookside Elem

Lot Details

  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • Acres: 0.2634
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric
  • Power Company: SCL

Water, Sewer, and Garbage

  • Sewer Company: City of Shoreline
  • Sewer: Sewer Connected
  • Water Company: Northshore Water
  • Water Source: Public
  • Water, Sewer, and Garbage: 8568
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