508 NE 71st ST Active

Seattle,WA 98115

$ 1950000

5 Beds

5 Baths

4419 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,419 sqft

Price per Sqft $441

Subdivision Green Lake

MLS Listing ID 2413752

Style 55 - 5-9 Units

Bedrooms 5

Year Built 1971

Annual Tax Amount $13,011

Lot Size 4,000 Sqft

Property Sub-Type Multi Family

Property Description

Introducing a prime multi-family investment opportunity in one of Seattle's most desirable areas. This property encompasses a 3,336 SF building featuring 5 well-maintained units, providing a strong foundation for substantial rental income. Built in 1971, this low-rise gem is strategically zoned LR3(M), offering potential for future development and growth. Enjoy the assurance of immediate returns with a 100% occupancy rate, making this an attractive prospect for a seasoned investor. Situated in the desirable Green Lake area, this property presents an excellent chance to capitalize on the enduring demand for multifamily residences in this bustling market. Don't miss the chance to add this high-performance asset to your portfolio.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Exterior

Exterior Feature Stucco

View Y/N No

Roof Type Composition

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out

Listing Terms Cash Out

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