$1,800,000
Sold

3422 21st Avenue W

Seattle, WA 98199
6835 sqft | 0.18 acres | #2233647
Listing OfficeRealogics Sotheby's Int'l Rlty
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Enjoy cashflow & stability while planning future development upside! Current financials of this building are above average for comps but the differentiating quality of this opportunity is found in the extraordinary upside. 6-unit building (five are 2bedrooms) w/ addtl SFH (2bds/1ba) sits on a 7,650 sqft street-to-street lot w/ coveted LR-3 zoning. Three viable upside options: 1) add rental units or build/sell townhomes where SFH currently sits; 2) expand existing units into under-utilized interior space (there are two large interior staircases, one could be repurposed to pick up an entire bedroom on three units); and 3) align rents with market-rate. Loads of off-street parking. Close commute to high-income jobs + Whole Foods & Trader Joe's.

  • Interior Details
      • InteriorWall to Wall Carpet
  • Property Details
      • ViewTerritorial
      • Exterior MaterialsMetal/Vinyl
      • Stories3
    • Measurements
      • Acres0.1756
      • Square Feet6835
  • Construction Details
      • Style55 - 5-9 Units
      • Property TypeMulti-Family
    • Condition
      • Year Built1968
    • Material information
      • FoundationPoured Concrete
  • Utilities / Energy Details
      • Sewer InformationSewer Connected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionMagnolia
    • Location
      • Elementary SchoolMagnolia Elementary
      • Middle SchoolMc Clure Mid
      • High SchoolBallard High
      • School DistrictSeattle
      • CountyKing
  • Financial Details
      • Original List Price$2,000,000
      • Taxes Annual$18,621
      • Days on Market (Cumulative)49
  • Other
      • MLS #2233647
Elisa WirkalaReal Estate Group

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