NEW! Buy and sell safely with virtual options - Learn More
About the Listing 7803 - 131313
Prime investment opportunity in Shoreline with highly sought-after MUR70 (7 stories) zoning with city incentives for an affordable housing development. Located in the heart of Shoreline and a few blocks from the new light-rail station, I-5, Hamlin Park, Jackson Park golf course and Shoreline High School makes this a centralized and optimal location. The large lot size offers strong future investment potential, while the existing move-in ready home provides flexibility for investors to rent out or a primary home for owners who can secure land value for future developers to pursue. Current home is situated on a well-maintained landscaped lot and offers 3 bedrooms, 2 bathrooms and approx 1,360 square feet. Rare versatile four car detached garage in the back offers options for storage, shop or home office. Large lot size offers future potential to sell to developers for significant value and a great return on investment. Recent developer assemblage quotes of $135-140 per land square foot, this lot is 10,141 sq ft giving a potential 30-40% future return. A unique and intriguing investment opportunity that doesn't come around often. Multiple neighboring homes have an option to be grouped in a developer assemblage for future purchase. Buyer to verify all to their satisfaction. All showings to be scheduled by a licensed real estate agent, please don't disturb the owner.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Residential
MLS ®
2519457
Year Built
1942
Total Square Footage
1,360
Lot/Acreage
0.23
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Three-Quarter
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor: Ceramic Tile,Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other: Bath Off Primary,Dining Room,Jetted Tub,Water Heater,Master on Main
- Water: North City Water District
Exterior Details
- Lot Description: Paved,Value In Land,Built On Lot,Deck,Outbuildings,RV Parking,Shop
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 60x 168
- Roof: Composition
- Others: Metal/Vinyl
- Sewer: Shoreline Waste Water Facility
- Parking Features: Driveway,Detached Garage,Off Street,RV Parking
Financial Details
- Tax Amount: $1,688
- Taxes w/Assessments: N/A
- Tax/Property ID: 7568700585
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
14555 8th Ave NE Shoreline, WA 98155
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
