3507 Ne 153 Street , Lake Forest Park, Wa 98155

WA, Lake Forest Park

$1,350,000

1,640 Sqft
Residential Income Property Type
1951 Year Built
Expired Status

Listing courtesy: Michael Pearce, Pellego, Inc.

Property Description

**ATTN: Investors ** Selling AS-IS existing AirBNB rooming house income property. 5.6 Cap Multi-Family zoned. Room to improve existing below market rents with renovation; always full last 2 years while self managing. 8-10 Unit Development with view of Lake Washington possible with city of LFP reapplication. Hold / Build. Seller Financing and JV can be arranged with down-payment. All Arch, Engineering + reports available and existing Rental PNL.

Source: NWMLS

Basic Details

Property Type: Residential Income
Listing Type: For Sale
Listing ID: 2229893
Price: $1,350,000
Square Footage: 1,640 Sqft
Year Built: 1951
Lot Area: 0.34 Acre
Status: Expired
Office Name: Pellego, Inc.
Agent Name: Michael Pearce
Property Sub Type: Multi-Family
Roof: Built-Up

Features

Heating System Wall Unit(s)
Cooling System None
Carport Spaces: 3
Exterior Features Cement/Concrete
Flooring Carpet, Vinyl, Concrete
Interior Features Wall to Wall Carpet, Concrete
Sewer Sewer Connected

Address Map

Country US
State WA
County King
City Lake Forest Park
Zipcode 98155
Street: 153
Street Number: 3507
Street Suffix: Street
Longitude: W123° 42' 32.9''
Latitude: N47° 44' 23.3''
Directions: From Lake City Way / Bothell Way NE, turn at 35th Ave NE (Acacia Cementary), head north directly to property at NE 153rd St Corner
Mls Area Major: 720 - Lake Forest Park
Street Dir Prefix: NE

Neighborhood

Elementary School: Briarcrest Elem
High School: Shorecrest High
High School District: Shoreline
Middle School: Kellogg Mid

Additional Information

Lot Size Dimensions: 140x120
Water Source: Community
Stories Total: 2
Possible Use: Multi-Family,Residential
On Market Date: 2024-04-28
Number Of Units Total: 1
Foundation Details: Block, Concrete Ribbon

Financial

Tax Annual Amount: 8214

Listing Information

List Agent Mls Id: 90527
List Office Mls Id: 4677
Listing Term: Cash Out,Conventional,Lease Purchase,Owner Financing,Rehab Loan
Mls Status: Expired
Modification Timestamp: 2024-10-29T07:18:09Z
Originating System Name: NWMLS
Special Listing Conditions: None
Status Change Timestamp: 2024-10-29T07:15:56Z