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
3
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 08, 2025 18:47 | 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.
