945 N 163rd Street, Shoreline, WA 98133
- $899,000
- 2,080
- SqFt
Listing courtesy of Coldwell Banker Bain.
- List Price
- $899,000
- Status
- ACTIVE
- MLS#
- 2046349
- Days on Market
- 10
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 2,080
- Area Total SqFt
- 2080
- Annual Tax Ammount
- 8678
- Internet Provider
- Comcast/Xfinity
- Lot Size (sq ft)
- 6,249
- Sewer
- Sewer Connected
Property Description
Don’t miss this opportunity to purchase a great long term investment duplex in the heart of Shoreline. Each unit features custom kitchen cabinets w/tile backsplash, main level half bath, stackable laundry units, large walk-in pantry closet, an attached garage for 1 car + extra parking, forced air furnaces, and double pane windows. Both units have outdoor space and the property is hedged on two sides for additional privacy. Walking distance to Town and Country Market, the new redevelopment of Shoreline Place featuring community outdoor spaces + commercial retail, and the Interurban Trail. Property has been professionally managed for 10+ years. New composition roof installed within last 10 years and Zoned R48 for higher density development.
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Additional Information
- List Date
- 2023-03-17 19:41:10
- Community
- Shoreline
- Net Operating Income
- $28,405
- Gross Adjusted Income
- $46,560
- Gross Scheduled Income
- $48,000
- Total Monthly Income
- $4,000
- Insurance Expenses
- $818
- Water/Sewer/Garbage Expenses
- $2,059
- Gross Rent Multiplier
- 18.72
- Total Expenses
- $19,595
- Cap Rate
- 3.15
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 945
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1964
- Roof
- Composition
- Other Expenses
- 8040
- Energy Source
- Electric, Natural Gas
- School District
- Shoreline
- Elementary School
- Parkwood Elem
- Middle School
- Albert Einstein Mid
- High School
- Shorewood High
- Total Monthly Income
- $4,000
- Gross Scheduled Income
- $48,000
- Vacancy Rate
- 3
- Gross Adjusted Income
- $46,560
- Tax Year
- 2023
- Insurance Expense
- $818
- W/S/G Expenses
- $2,059
- Total Expenses
- $19,595
- Net Operating Income
- $28,405
- Gross Rent Multiplier
- 18.72
- Cap Rate
- 3.15
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