Investment opportunity near Lake Washington with peek-a-boo lake views. This 7 Unit complex is consistently occupied with steady income features (4) 2bed/1bath + (3) 1bed/1bath. Currently monthly rental income=$12,200/mo + additional Coin-Op laundry generating $300-$400/mo. Sits on 0.11AC lot w/ 6 tandem spots & park up to 12 cars. Tons of potential with upside in rents. Zoned NC155(M) w/ future potential for redevelopment with increased density + LIHTC. Located in one of the most diverse neighborhoods in the City with local favorites like Jude's & Red Wing Cafe across the street. New businesses and MF housing popping-up around the neighborhood.
Listing Provided Courtesy of Jennifer Wen, Berkshire Hathaway HS NW
General Information
NWM2415531
Multi Family
24
DOM
4726.26 SqFt
4590
1923
King
Residential Incom
Multi Family
Listing Provided Courtesy of Jennifer Wen, Berkshire Hathaway HS NW
Krishna Realty data last checked: Aug 29, 2025 07:24 | Listing last modified Aug 05, 2025 19:15,
Source:
Investment opportunity near Lake Washington with peek-a-boo lake views. This 7 Unit complex is consistently occupied with steady income features (4) 2bed/1bath + (3) 1bed/1bath. Currently monthly rental income=$12,200/mo + additional Coin-Op laundry generating $300-$400/mo. Sits on 0.11AC lot w/ 6 tandem spots & park up to 12 cars. Tons of potential with upside in rents. Zoned NC155(M) w/ future potential for redevelopment with increased density + LIHTC. Located in one of the most diverse neighborhoods in the City with local favorites like Jude's & Red Wing Cafe across the street. New businesses and MF housing popping-up around the neighborhood.
