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  • Key Facts
  • Description
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Key Facts

Type Multi Family
Levels Residential Income
Size  sqft
Garage No
Taxes $10,883
Days Active 7
Lot Size 
Approx. Age 1957
MLS® Number 2362878

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

SELLER FINANCING AVAILABLE - attractive terms: 25% down payment and 5% interest-only payments for five years. This well-located 5-unit property offers a compelling value-add investment opportunity through both operational improvements and unit renovations. A new owner can unlock immediate upside by implementing a utility bill-back system for water, sewer, and garbage, as well as charging for storage and reserved off-street parking. Additionally, completing full unit renovations and bringing rents up to market levels provides a clear path to repositioning the asset and enhancing long-term returns. The property is part of phase 2 of the Seattle One Plan upzone. The proposed zoning is LR3 which creates future development potential.Show Description
MLS® Number2362878
Laundry Level
Central VacNo
FireplaceNo
Acreage0.1389
ExteriorBrick, Wood
GarageNo
Approx. Age1957
Basement
Driveway
Garage Spaces
HeatRadiant
A/CNone
Heating Fuel

Extras

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