19415 28th Ave Ne
Lake Forest Park, WA 98155
- – beds
- – baths
- 3,640 sqft
- 10,138 sqft lot
- $329 per sqft
- 2001 build
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Value add opportunity in Lake Forest Park, WA. Nestled on a quiet dead-end street between I5 and lake Washington, The large wooded lot offers tenants ample space to enjoy the outdoors. Built 1979 this 4-plex not only offers secured building access excellent but also ample potential for significant upside in raising rents, landscape improvements and unit upgrades. Featuring four generous 2-bed, 1-bath units, each 910 sq ft, complete with fireplaces. Recent upgrades include a new roof and windows in 2022 with a transferable warranty. Shared coin op laundry on site for additional income. Close to all amenities, The low cap rate is a reflection of the rents being way below market .
Last checked:
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Last updated Sep 5, 2024
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MLS# 2211292 —
The Building
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Year Built:1979
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Year Built:2001
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Quadruplex
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Exterior Features:Wood
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Roof:Composition
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Units In Building Total:4
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# of Units Total:4
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Stories Total:2
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Building Area Total:3640
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Building Area Units:Square Feet
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Calculated SqFt:3640
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SqFt Source:realist
Interior
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Interior Features:Wall to Wall Carpet
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Flooring:Carpet
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Fireplace:false
Financial & Terms
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Possession:Closing
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Buyer Financing:Conventional
Location
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Latitude:47.768805
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Longitude:-122.299809
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Directions:Follow I-5 N to WA-104 E/NE 205th St/Lake Ballinger Way in Shoreline. Take exit 177 from I-5 N. Continue on WA-104 E. Drive to 28th Ave NE in Lake Forest Park. Slight left onto NE 195th St
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Property Condition:Good
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Parcel Number:8665900010
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Lot Features:Dead End Street
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Lot Size Units:Square Feet
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Lot Size Acres:0.2327
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Lot Size SqFt:10138
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Lot Size Source:Realist
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Zoning Class:Multi-Family
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (425) 482-6100
- Office phone:
- (425) 482-6100
Taxes
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Tax Year:2024
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Tax Annual Amount:9983
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
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Heating:Baseboard
Utilities
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Sewer:Sewer Connected
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Water Sewer Garbage:6886
Schools
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High School District:Shoreline
The Community
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Subdivision Name:Ballinger
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Amenities:Coin Op Laundry
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Senior Community:false
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Association:false
Parking
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Parking Total:8
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Parking Uncovered Spaces:8
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Open Parking:true
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Open Parking Spaces:8
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Carport:false
Listing courtesy of NWMLS / Keller Williams Realty Bothell. Bought with AgencyOne.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/10/24
Jun 10, 2024
|
Sold | NWMLS | $1,200,000 | -14.3% |
|
3/26/24
Mar 26, 2024
|
Pending | NWMLS | $1,400,000 | |
|
3/20/24
Mar 20, 2024
|
Listed / Active | NWMLS | $1,400,000 |
