Seattle, WA 98199
- $2,750,000
Listing courtesy of Keller Williams Downtown Sea.
- List Price
- $2,750,000
- Status
- ACTIVE
- MLS#
- 1721118
- Days on Market
- 31
Property Description
Investor Alert - Opportunity to acquire a solid fully leased mixed use building featuring 4 residential units and 2 street level commercial units. LR3 zoning. Stellar Magnolia/Interbay location with a bold street presence just north of Downtown Seattle and future city growth. Prime location near shopping, restaurants, transit access, biking paths & parks. Strong rental history where vacancies are a rarity. Many updates to the building's systems and maintenance throughout ownership. 56' of commercial street frontage with large windows on main street. Monthly income of $13,334. Cap Rate:4.85% Lot size: 4,170 sq. ft. Abundant street parking.
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Additional Information
- Community
- Magnolia
- Property Type
- COMI
- Building Condition
- ['Good']
- Style
- 61 - Comm Bldg Ovr 10K
- Year Built
- 1953
- Exterior
- Brick, Metal/Vinyl, Wood
- Roof
- Built-Up, Composition, Flat
- Annual Taxes
- $13,373
- Tax Year
- 2020
- Potential Terms
- Cash Out, Conventional
- ENS
- Electric, Natural Gas
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