Average square foot calculated using Size range provided by listing agent.
Description
Prime 39-unit apt building in a high-demand Seattle submarket, just blocks from light rail and minutes to Boeing, the Port of Seattle, and Downtown. This stabilized asset provides immediate cash flow with significant upside through value-add potential. The property features 33 one bed and 6 two-bed units across three levels. 15 units updated (3 in 2024), achieving rent premiums of ~$400/month. 24 units remain in original condition—ideal for renovation. Additional income potential from building out studio units ($79K+/yr), paid parking, coin-op laundry, and rentable storage.Electrical-24 panels updated in 2010.Plumbing-18 units updated in 2010. Windows replaced in 2000.Stucco and roof updated in 2010.Call the listing agent with any questionsShow Description
MLS® Number2413984
Laundry Level
Central VacNo
FireplaceNo
Acreage0.7576
ExteriorCement/Concrete
GarageNo
Approx. Age1962
Basement
Driveway
Garage Spaces
HeatBaseboard
A/CNone
Heating Fuel
Extras
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