Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.
Listing Provided Courtesy of TC Wu, WPI Real Estate Services, Inc.
General Information
NWM2397715
Multi Family
1
DOM
7675.27 SqFt
9680
1981
King
Residential Incom
Multi Family
Listing Provided Courtesy of TC Wu, WPI Real Estate Services, Inc.
Krishna Realty data last checked: Jun 25, 2025 12:07 | Listing last modified Jun 25, 2025 17:08,
Source:
Download our Mobile app
Residence Information
9680
Composition
56 - 10+ Units
1981
Poured Concrete
Features and Utilities
Stucco, Wood
Sewer Connected
0
Financial
0
Cash Out
06-24-2025
Comparable Information
1
1
Cash Out
$2,880,000
$2,880,000
Jun 25, 2025 17:08
Schools
Map
Listing courtesy of WPI Real Estate Services, Inc..
Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.