INVESTMENT OPPORTUNITY WITH GREAT POTENTIAL!

Asking Price: $599,950
18412 12th Avenue NE Shoreline, WA Usa

About 18412 12th Avenue NE:

Amazing Potential/Investment Opportunity!

If you're on the lookout for a property with incredible potential, then look no further! This gem is located in close proximity to the Shoreline North Light Rail station 185th/I-5, which is set to open in 2024. This means that you'll have convenient access to public transportation, making it easy to commute to work or explore the surrounding areas.

One of the best things about this property is its prime location. You can easily walk, bike, or drive to restaurants, stores, the library, parks, and the Interurban trail. With such a wide array of amenities nearby, you'll never run out of things to do or places to explore.

What truly sets this property apart is the surrounding area. It is currently in the early stages of improvement, development, and building up. This means that there is a lot of potential for growth and enhancement in the near future. Investing in this property now could mean reaping the benefits of increased property value and a thriving community in the years to come.

Furthermore, this property offers the opportunity for an ADU/DADU (Accessory Dwelling Unit/Detached Accessory Dwelling Unit). Adding an ADU or DADU to the existing home can provide additional rental income or serve as a separate living space for extended family members. This additional flexibility makes this property even more appealing for investors or those looking for a multi-purpose living arrangement.

It's important to note that this home is being sold as is. While it may require some renovations or updates, this presents a unique opportunity for buyers to customize the property to their liking. With a little imagination and some TLC, you can transform this house into your dream home or a highly desirable rental property.

Whether you're a seasoned real estate investor or someone looking for a new place to call home, this property has all the ingredients for a successful investment. The combination of its proximity to the upcoming light rail station, the abundance of nearby amenities, and the potential for growth in the surrounding area make it a promising opportunity.

Don't miss out on this chance to secure a property with amazing potential. Take advantage of the early stages of improvement and development in the area and be part of its exciting growth. With the possibility of adding an ADU/DADU, you'll have even more options for maximizing the value of this investment.

Please note that due to its as-is condition, it is recommended that buyers conduct thorough inspections and assessments to fully understand the scope of work that may be required to bring the property to its full potential. However, with the right vision and investment, this property could turn into a fantastic opportunity for both personal and financial growth.

Contact us today to schedule a showing and explore the amazing potential that this investment property has to offer. Don't wait, as opportunities like this don't come around often!

This property also matches your preferences:

Features of Property

Type

Single family residence

Year Built

Built in 1946

Heating

Forced air

Other

None

Parking

1 Attached garage space

Lot

8,995 sqft

Price/sqft

$488 price/sqft

Buyers Agency Fee

3% buyers agency fee

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Features of Building

Bedrooms and bathrooms
Bedrooms

3

Bathrooms

1

Full bathrooms

1

Main level bedrooms

3

Bedroom
Level

Main

PrimaryBedroom
Level

Main

Bedroom
Level

Main

Basement
Basement

None

Heating
Heating features

Forced Air

Cooling
Cooling features

None

Other interior features
Total structure area

1,230

Total interior livable area

1,230 sqft

Parking
Total spaces

1

Parking features

Attached Garage

Garage spaces

1

Covered spaces

1

Property
Levels

One

Stories

1

Entry location

Main

View description

Territorial

Topography of land

Level,PartialSlope

Residential vegetation

Brush

Lot
Lot size

8,995 sqft

Lot features

Paved

Other property information
Parcel number

6163900491

Special conditions

Standard

Type and style
Home type

SingleFamily

Property subType

Single Family Residence

Material information
Construction materials

Wood Siding

Foundation

Poured Concrete

Roof

Composition

Condition
Year built

1946

Utility
Sewer information

Available

Water information

Public

Location
Region

Shoreline

Subdivision

North City

Other financial information
Buyer agency compensation

3%

Other facts
Listing Terms

Cash Out,Conventional,Rehab Loan,See Remarks

Property Agent

Debra A. Long

Windermere Real Estate M2 LLC

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