7567 Morrison Avenue

• Waterfront Location: Prime waterfront location adds significant value • Large Deck: Expansive deck provides outdoor living space • Waterfront Property • Large Deck • Gas Fireplace • Price Position: At $402.01 per sqft, the property is priced above the median price per sqft of $349 for the 98230 area. • Appreciation Trend: Homes in 98230 have sold for 8.4% more than they did a year ago, indicating recent price appreciation. • Rental Income: $1,960/month with 95% occupancy (0.1% cap rate) • Schools: The presence of Blaine Middle School (6/10) and Blaine High School (7/10) provides a moderate boost to property values. Expect a potential 3-5% premium compared to areas with lower-rated schools. • Future Development: No specific planned developments are mentioned that would impact this property. • Good natural light in main living areas. Bedrooms have adequate light. • Layout is functional but somewhat cramped. Kitchen could benefit from reconfiguration.