9011 16th Ave SW, Seattle

Well-maintained and fully occupied; this is a solid, turn-key investment with an 8.6% Cap Rate. Interiors and systems have been updated. Newer roof and thermal pane windows; individually metered units; coin-op laundry for extra income. High demand rental: close to schools, bus lines, shopping, and restaurants. Extra parking spaces in back; lot is zoned LR3 RC for future development potential.

    

Sales Price: $400,000

 

by Charles Burnett | Multi-Family Property Specialist