Exceptional and Rare Investment Opportunity in the Heart of West Seattle Junction! Ideally situated in coveted West Seattle Junction, this well-maintained 4-unit multifamily property offers an outstanding combination of stable rental income, long-term investment potential, and future development flexibility. The building features a desirable unit mix of two 2-bedroom… Read More units and two 1-bedroom units, each with its own washer & dryer plus a dedicated parking space. A solid rental history, copper plumbing throughout, and a new roof installed in 2024 provide added value and peace of mind for investors. Looking to maximize the property's income potential? The approximately 450-square-foot unfinished daylight basement offers an opportunity to explore adding a studio unit or renting as storage space. Situated on a rare street-to-street lot and zoned NC-255(M), the property also provides possibilities for future redevelopment. Unbeatable location just steps from the vibrant West Seattle Junction, with its popular restaurants, boutique shops, neighborhood services, and convenient access to major bus routes. Read Less
Listing courtesy of AgencyOne
Listing Snapshot
Cumulative Days Active
0
Last Updated
Property Type
Multi Family
Square Ft.
3,022
Lot Size
0.09 Acres
Year Built
1963
Property Tax
$10,717
MLS Number
2602890
Additional Details
Building
Built in 1963, Built in 1990 (effective), 2 stories, Construction Materials: Brick, Wood
Cooling
None
Expenses
Electric: $722, Insurance: $2,929, Other Expense: $220.5
Exterior Features
Brick, Wood
Floors
Vinyl, Carpet
Foundation
Poured Concrete, Slab
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $85,920, Net Operating Income: $59,605
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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