Marine Vista -- a premier 11-unit apartment community located at 840 W Nickerson St, Seattle, WA 98119. Situated in the highly sought-after North Queen Anne submarket, Marine Vista offers an exceptional location overlooking the Lake Washington Ship Canal, providing residents with a unique blend of maritime charm and urban convenience.… Read More This offering presents a rare opportunity to acquire a boutique asset in one of Seattle’s most resilient and supply-constrained neighborhoods. Marine Vista is ideally positioned within walking distance to Seattle Pacific University and the vibrant Fremont tech hub, ensuring a consistent and high-quality tenant base. The investment provides a clear path for a strategic value-add program. A new investor will have the ability to implement targeted interior renovations and modern amenity upgrades to capture significant rental upside, bringing the property in line with top-of-market competitors. With its irreplaceable location and strong fundamentals, Marine Vista is poised to deliver robust long-term appreciation and enhanced cash flow for a sophisticated investor. Read Less
Listing courtesy of Pacific Crest
Listing Snapshot
Cumulative Days On Market
173
Days on Website
173
Last Updated
Property Type
Multi Family
Square Ft.
6,921
Lot Size
0.15 Acres
Year Built
1960
Property Tax
$26,168
MLS Number
2508089
Additional Details
Building
Built in 1960, 2 stories, Construction Materials: Wood
Cooling
None
Energy Saving
Energy Efficiency: Thermal Windows
Expenses
Electric: $1,074, Insurance: $6,264, Other Expense: $39,241
Exterior Features
Wood Products
Floors
Vinyl Plank, Carpet
Foundation
Slab
Heating
Wall Furnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $270,660, Net Operating Income: $167,801
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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