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16068 Greenwood Avenue N in Shoreline

Listing ID:2568387 (Multi-Family)
Listing Price:$1,825,000
Days on Market:51

Details

Bed / Bath:0.00 / 0.00
Lot Size:0.30 acre (13,282 sqft)

Investor’s dream just steps from Shoreline Community College! This high-performing official duplex offers an exceptional Multifamily/Boarding House/Student Housing opportunity with a strong rental history and consistently high occupancy. One side was fully renovated in 2014 and features 8 private rooms with 4 bathrooms. The other side was newly built in 2017 with city permits and offers another 8 private rooms with 5 bathrooms, all in excellent condition. Both sides feature gourmet kitchens, dedicated washers and dryers for tenants to use at no additional cost, and functional layouts designed for shared living. Vacancies have historically been rare, with 2025 gross rental income approaching $145,000—a true cash-flow property. Located in a quiet, private setting with 12 on-site tenant parking spaces. Convenient access to Hwy 99, Shoreline light rail, shopping, dining, restaurants, and everyday amenities. A rare opportunity to acquire a proven income-producing property in a highly desirable rental location—an excellent addition to any investment portfolio!


NWMLS

This listing is provided courtesy of NWMLS.
Listing Broker: Keller Williams Rlty Bellevue; Maggie Sun.



Property Details

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