19837 25th Avenue NE, Shoreline, WA 98155
- $1,250,000
- 3,500
- SqFt
Listing courtesy of The Foundation Group LLC.
- List Price
- $1,250,000
- Status
- ACTIVE
- MLS#
- 2563642
- Days on Market
- 0
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,500
- Area Total SqFt
- 3500
- Annual Tax Ammount
- 10292
- Lot Size (sq ft)
- 7,290
- Sewer
- Sewer Connected
Property Description
The Foundation Group is pleased to present the Shoreline 4-unit Apartments. Located in the desirable Ballinger neighborhood of Shoreline, 19837 25th Ave NE offers residents a quiet residential setting with outstanding access to employment centers, shopping, recreation, and transportation. Positioned just minutes from Interstate 5, the property provides an easy commute to Downtown Seattle, Bellevue, Lynnwood, and the greater Eastside. This well maintained 4 unit is ready for the next owner to capitalize on modernizing the units through a value add plan.
/u.realgeeks.media/soundmultifamily/operating-information.jpg)
Additional Information
- List Date
- 2026-08-03 16:28:13
- Community
- Shoreline
- Net Operating Income
- $62,161
- Gross Adjusted Income
- $82,860
- Gross Scheduled Income
- $82,860
- Total Monthly Income
- $6,905
- Insurance Expenses
- $1,800
- Water/Sewer/Garbage Expenses
- $8,607
- Gross Rent Multiplier
- 15.08
- Total Expenses
- $20,699
- Cap Rate
- 4.97
- Total Number of Units
- 4
- Unit Name
- 19837
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1980
- Roof
- Composition
- Energy Source
- Electric
- School District
- Shoreline
- Total Monthly Income
- $6,905
- Gross Scheduled Income
- $82,860
- Gross Adjusted Income
- $82,860
- Tax Year
- 2026
- Insurance Expense
- $1,800
- W/S/G Expenses
- $8,607
- Total Expenses
- $20,699
- Net Operating Income
- $62,161
- Gross Rent Multiplier
- 15.08
- Cap Rate
- 4.97
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.