Listing courtesy of Paragon Real Estate Advisors 206-623-8880
$1,700,000
The offering consists of a five-unit multifamily property comprised entirely of one-bedroom/one-bathroom units, with updates completed over the years and Elliott Bay views from the upper units. The property offers potential to add an additional unit with a private entrance, creating further income upside (Buyer to Verify). Adjacent to the… Read More building is a 2,100 square foot flat lot that is well suited for townhouse-style development, with upper-floor views enhancing the site’s long-term redevelopment or expansion potential. Currently, two of the five units have been renovated, while the remaining units present a clear value-add opportunity through cosmetic upgrades, allowing new ownership to push rents toward market levels. The property is well maintained and features original hardwood floors, abundant storage, recently resealed back decks, updated electrical systems with full rewiring, copper plumbing, five individual gas furnaces, and on-site coin-operated laundry, providing a strong foundation for stable operations and future improvements. Read Less
Listing courtesy of Paragon Real Estate Advisors 206-623-8880
Listing Snapshot
Cumulative Days On Market
101
Days on Website
101
Last Updated
Property Type
Multi Family
Square Ft.
4,243
Lot Size
0.15 Acres
Year Built
1913
Property Tax
$14,469
MLS Number
2470400
30 Days Snapshot Of 98116
$931k
-6%
(avg) sold price
41
+46%
homes sold
46
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 4243, Building Area Units: Square Feet, Calculated Square Footage: 4243, Elevation Units: Feet, Leasable Area: 4243, Living Area: 0, Number Of Units Total: 5, Stories Total: 3, Structure Type: "Multi Family", Units In Building Total: 5, Year Built: 1913
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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