4226 7th AVE NE new to site Save Request In-Person Tour Request Virtual Tour
Seattle,WA 98105
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,011 sqft
Price per Sqft $654
Subdivision University District
MLS Listing ID 2371389
Style 55 - 5-9 Units
Bedrooms 15
Year Built 1911
Annual Tax Amount $20,040
Lot Size 5,000 Sqft
Property Sub-Type Multi Family
Property Description
Multi-family building in the heart of University District! Great Development opportunity. Zoned to midrise, up to 80 feet. Imagine New building rising up on this 5,000 sqft lot. Fast growing area. This property presents 7 rentable units/7 parking spaces, currently generating impressive $15,120/m rental income. Super convenient location. Walking distance to UW. Close to I-5 express line entrance. Easy access to Downtown, SLU, Northgate & Eastside. Bus & LightRail nearby. All rented, hardly any vacancy. Each unit has two bedroom one bath, washer/dryer inside, except unit 7 is a stand alone one bdrm cottage, remodeled recently. Investors will benefit from a diverse resident pool of students and young professionals. Newer roof. Well-maintained.
Location
State WA
County King
Area 710 - North Seattle
Exterior
Exterior Feature Wood
Amenities Available Deck
View Y/N No
Roof Type Composition
Building
Lot Description Curbs,Paved,Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Acceptable Financing Cash Out,Conventional
Listing Terms Cash Out,Conventional