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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.
- Neighborhood
- Type
- CountyKing
- Area705 - Ballard/Greenlake
- Tax Amount$15,076
- StatusActive
- Listing #2381058
- Built1977
- Lot Size0.12
- Listed on site10 days
Listed by:
Lee & Associates Commercial RE
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-06-03 02:35:21. DMCA
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Property details
Community Features
- No HOA
- No Adult Community
Exterior features
- No Pool
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