Average square foot calculated using Size range provided by listing agent.
Description
The Olympus Apartments is a 20-unit multifamily investment located at 9041 16th Ave SW in the heart of Seattle’s vibrant White Center neighborhood. Offered for the first time in over 25 years, this well-located property provides immediate income with a 5.91% in-place cap rate, while also offering a clear value-add opportunity through continued unit renovations and rental upside. Built in 1957, Olympus Apartments consists of 18 one-bedroom units and 2 studios. Ownership has upgraded electrical panels for all units, replaced portions of the plumbing system with PEX, and installed new flooring throughout the majority of the building.Show Description
MLS® Number2405804
Laundry Level
Central VacNo
FireplaceNo
Acreage0.3341
ExteriorWood
GarageNo
Approx. Age1957
Basement
Driveway
Garage Spaces
HeatBaseboard
A/CNone
Heating Fuel
Extras
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