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Listed by Capstone Commercial
$1,950,000
Est. payment /mo
5 Beds
5 Baths
4,419 SqFt
Active
508 NE 71st ST Seattle, WA 98115
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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
Interior
Fireplace false
Exterior
Exterior Feature Stucco
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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