3507 NE 153 Street Lake Forest Park, WA $ 1,350,000
3507 NE 153 Street
$ 1,350,000
Recently Listed
Share Save

3507 NE 153 Street

Lake Forest Park, WA, 98155
$ 1,350,000
Baths0.0 Sq 1,640

Monthly Estimate*

$ 9,430

Listed by Pellego, Inc.
3507 NE 153 Street, Lake Forest Park, WA 98155 - Image 1
3507 NE 153 Street, Lake Forest Park, WA 98155 - Image 2
3507 NE 153 Street, Lake Forest Park, WA 98155 - Image 3
3507 NE 153 Street, Lake Forest Park, WA 98155 - Image 4
3507 NE 153 Street, Lake Forest Park, WA 98155 - Image 5
3507 NE 153 Street, Lake Forest Park, WA 98155 - Image 6
3507 NE 153 Street, Lake Forest Park, WA 98155 - Image 7
3507 NE 153 Street, Lake Forest Park, WA 98155 - Image 8
3507 NE 153 Street, Lake Forest Park, WA 98155 - Image 9
3507 NE 153 Street, Lake Forest Park, WA 98155 - Image 10
Studio

Multi-Family Home for sale in Lake Forest Park, WA

for $1,350,000. This 1,640 square foot home was built in 1951 on a lot size of 0.3444.

**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.

See more

Multi-Family Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,214

Style

5-9 Units

Lot Size

0.3444

Year Built

1951

Town/City

Lake Forest Park

County/Region

King

MLS | Web ID

2229893

Features
General
Interior Features Concrete Wall to Wall Carpet
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing Negotiable See Remarks
Roof Built-Up
Exterior Features Cement/Concrete
HOA 0
Year Built 1951
Property SubType Multi-Family
Tax Year 2023
Building Name Pettits Lake Washington Acre Trs
County King
Net Operating Income 74875
Insurance Expense 1273
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Sheridan Beach
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
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
High School Shorecrest High
City Lake Forest Park
Buyer Agent Compensation 3
View Y/N N
Senior Community Y/N N
High School District Shoreline
Open Parking Spaces 3
Total Units 1
MLS Area 720 - Lake Forest Park
Lot Size Square Feet 15000
Waterfront Y/N N
Carport Spaces 3
Carport Y/N N
Street Name 153
Listing Terms Cash Out Conventional Lease Purchase Owner Financing Rehab Loan
Elementary School Briarcrest Elem
Tax Annual Amount 8214
Electric Expense 4808
Fuel Expense 0
Middle/Junior High School Kellogg Mid
Public Remarks **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 wh
Leasable Area 1640
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company SPU
Units Below Grade true
Zoning Class Multi-Family Residential
Water Sewer Garbage 2985
Property Style 55 - 5-9 Units
Cap Rate 5.55
See more
Interior
Flooring Concrete Vinyl Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Bedrooms Possible 0
Living Area Units Square Feet
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
See more
Exterior
Water Source Community
Total Parking 6
Foundation Details Block Concrete Ribbon
Building Area Total 1640
Lot Dimensions 140x120
Lot Size Acres 0.3444
Lot Size Units Square Feet
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 3
Lot Number 5
See more
Internal Only
OriginalMLSID NWM2229893
Street Number 1 3507
See more
* Excluded Features
List By
Michael Pearce

Listing Agent

Pellego, Inc.

Broker

Affordability Calculator

$10,115
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,430
Monthly Property Taxes
$685
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
258362 Elementary School
257605 Middle School
Shorecrest High High School
Pricing History
DatePricePrice ChangeDescription
4/29/2024$1,350,000 Listed Price

Map


See all

3507 NE 153 Street, Lake Forest Park, WA, 98155 is a Multi-Family Home for sale at $1,350,000 with 1,640 sqft and a lot size of 0.3444. 3507 NE 153 Street is a studio with 0.0 baths and was built in 1951. The property's zip code is 98155 which is in Lake Forest Park, WA