




14520 Phinney Avenue N, Seattle, WA, 98133
21beds
15baths
12,162sqft
$3,500,000
$288price/sqft
$21,357/moest. monthly cost
$854,280/yrincome needed
About This Home
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, 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.
Getting Around
66
52
67
Schools
5/10
7/10
9/10
Construction
Condition
- Year built: 1963
Materials
- Roof: Flat,See Remarks
- Construction materials: Cement/Concrete,Wood Siding
Type & Style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 21
- Bathrooms: 15
Features
- Flooring: Laminate,Carpet
Heating & Cooling
- Heating features: Forced Air,Electric
- Cooling features: None
Interior Area
- Total structure area: 12,162
- Total interior livable area: 12,162 sqft
Property
Details
- Parcel number: 1826049228
- Zoning description: Multi-Family,Jurisdiction: City
- Special condition: Standard
Lot
- Lot size: 0.40 Acres
Parking
- Total spaces: 13
- Covered spaces: 5
- Uncovered spaces: 13
- Carport spaces: 5
