Prime investment opportunity in one of Seattle’s most desirable neighborhoods. Steps from dining, shopping, and public transit, this well-maintained property features spacious units averaging 900 SF, including one 3-bdrm, three 2-bdrm, and one 1-bdrm unit. Recent capital improvements include a new roof (Oct 2024), exterior sealant coating(Jul 2024), and deck replacements (May 2025). With no current charges for parking or utilities, new ownership can immediately boost revenue. Additional value-add possibilities include converting carports for secured parking or adding a sixth unit (buyer to verify). Common laundry, the 3-bedrm has private W/D. Light renovations could increase rental income by 20%, making this an excellent opportunity.
Listing Provided Courtesy of Dea Sumantri, Lee & Associates Commercial RE
General Information
NWM2381058
Multi Family
12
DOM
5100.88 SqFt
5553
1977
Multi-F
King
Residential Incom
Multi Family
Listing Provided Courtesy of Dea Sumantri, Lee & Associates Commercial RE
Krishna Realty data last checked: Jun 04, 2025 08:03 | Listing last modified May 23, 2025 23:30,
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Residence Information
5553
Composition
55 - 5-9 Units
1977
Poured Concrete
Coin Op Laundry
Features and Utilities
Stucco
Public
Sewer Connected
0
Financial
15076
Cash Out, Conventional
05-23-2025
Comparable Information
12
12
Cash Out, Conventional
$1,650,000
$1,650,000
May 23, 2025 23:30
Schools
Map
Listing courtesy of Lee & Associates Commercial RE.
Prime investment opportunity in one of Seattle’s most desirable neighborhoods. Steps from dining, shopping, and public transit, this well-maintained property features spacious units averaging 900 SF, including one 3-bdrm, three 2-bdrm, and one 1-bdrm unit. Recent capital improvements include a new roof (Oct 2024), exterior sealant coating(Jul 2024), and deck replacements (May 2025). With no current charges for parking or utilities, new ownership can immediately boost revenue. Additional value-add possibilities include converting carports for secured parking or adding a sixth unit (buyer to verify). Common laundry, the 3-bedrm has private W/D. Light renovations could increase rental income by 20%, making this an excellent opportunity.
