Available For Sale - Multifamily

3,350 SF | Show Pricing $

Multifamily Space in Seattle for sale

LISTED BY

Daniel Lim
Lee & Associates, 206-928-2311
Chris Larsen
Lee & Associates, 925-719-3480
Candice Chevaillier, CCIM
Lee & Associates, 206-773-2694
Dea Sumantri
Lee & Associates, 206-383-3399

AVAILABILITY DETAILS

Size
3,350 SF
Price/SF
Show Pricing $
Listing ID
SA540580
Notes
The Lee & Associates Northwest | Multifamily Team is pleased to present a rare opportunity to acquire five units in the Mt. Baker Ridge neighborhood of Seattle. This pride of ownership property consists of two buildings a duplex and a triplex with four 2-bedroom units and an open 1-bedroom loft. All units feature skyline views, hardwood floors, upgraded kitchens and baths. The buildings share common laundry, off-street parking and mature landscaping. Well maintained, the buildings received updated wiring and electrical panels for all units, new roofs and a new water main in 2023. Identical structures, ownership added a permitted fifth unit in one and there is potential to convert the similar storage space in the second building to a sixth unit and additionally, serves a potential future redevelopment (buyer to verify). With only 36 multifamily units in the neighborhood, the Mt. Baker 5 experiences a stable rent roll with turnovers re-leased quickly, if not immediately. The Mt. Baker 5 offers buyers an opportunity to own in a coveted location offer high quality of life the potential to capitalize on the limited rental inventory with an additional unit.
Uses
Multifamily

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Daniel Lim, Lee & Associates