Conveniently located just North of Seattle City limits, the Highland Terrace Apartments offers a new investor a great value add opportunity with the flexibility of raising below market rents without the hassles and constraints of Seattle Landlord/Tenant laws. The value add here is to renovate all units with modern finishes,… Read More raise rents to market and implement a RUBS program to start billing back tenants for utilities. Ample carport and open parking. Updated electrical panels and newer TPO Roof. Potential to add in-unit washer and dryers. Upper units feature private decks. Individual hot water tanks for each unit. New secured tenant mailbox unit. Larger owner storage closet onsite. Read Less
Listing courtesy of Westlake Associates, Inc.
Listing Snapshot
Cumulative Days On Market
188
Days on Website
16
Last Updated
Property Type
Multi Family
Square Ft.
12,162
Lot Size
0.4 Acres
Year Built
1963
Property Tax
$37,361
MLS Number
2571362
30 Days Snapshot Of 98133
$715k
-19%
(avg) sold price
43
+19%
homes sold
59
+3%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 12162, Building Area Units: Square Feet, Calculated Square Footage: 12162, Construction Materials: Cement, Wood, Elevation Units: Feet, Leasable Area: 12162, Living Area: 0, Number Of Units Total: 15, Stories Total: 2, Structure Type: Multi Family, Units In Building Total: 15, Year Built: 1963
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. Listings last updated on ,
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