Prime 39-unit apt building in a high-demand Seattle submarket, just blocks from light rail and minutes to Boeing, the Port of Seattle, and Downtown. This stabilized asset provides immediate cash flow with significant upside through value-add potential. The property features 33 one bed and 6 two-bed units across three levels. 15 units updated (3 in 2024), achieving rent premiums of ~$400/month. 24 units remain in original condition—ideal for renovation. Additional income potential from building out studio units ($79K+/yr), paid parking, coin-op laundry, and rentable storage.Electrical-24 panels updated in 2010.Plumbing-18 units updated in 2010. Windows replaced in 2000.Stucco and roof updated in 2010.Call the listing agent with any questions
Listing Provided Courtesy of Vladimir Grigoriev, eXp Realty
General Information
NWM2413984
Multi Family
313
DOM
0.76 acres
25104
1962
Commerc
King
Buyer To Verify
Buyer To Verify
Buyer To Verify
Residential Incom
Multi Family
Listing Provided Courtesy of Vladimir Grigoriev, eXp Realty
Krishna Realty data last checked: Aug 28, 2025 03:13 | Listing last modified Jul 31, 2025 00:42,
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Residence Information
25104
Flat
56 - 10+ Units
1962
Poured Concrete
Basement, Coin Op Lau
Features and Utilities
Cement/Concrete
Public
Sewer Connected
0
Financial
73394
Cash Out, See Remarks
07-29-2025
Comparable Information
313
313
Cash Out, See Remarks
$5,700,000
$5,700,000
Jul 31, 2025 00:42
Schools
Elementary : Buyer To VerifyN/ARatings Middle : Buyer To Verify N/ARatings High : Buyer To VerifyN/ARatings
Prime 39-unit apt building in a high-demand Seattle submarket, just blocks from light rail and minutes to Boeing, the Port of Seattle, and Downtown. This stabilized asset provides immediate cash flow with significant upside through value-add potential. The property features 33 one bed and 6 two-bed units across three levels. 15 units updated (3 in 2024), achieving rent premiums of ~$400/month. 24 units remain in original condition—ideal for renovation. Additional income potential from building out studio units ($79K+/yr), paid parking, coin-op laundry, and rentable storage.Electrical-24 panels updated in 2010.Plumbing-18 units updated in 2010. Windows replaced in 2000.Stucco and roof updated in 2010.Call the listing agent with any questions
