2820 15th Ave W, Seattle, WA, 98119

CAD 4,000,000
For Sale

Property Details

Bedrooms

23

Bathrooms

22

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 23 • Bathrooms: 22 • Square Feet: 14975 • Lot/Size: 16,950 sqft lot

Description: The property consists of 19 one-bedroom / one-bathroom units, one one-bedroom + office / one-bathroom, and one three-bedroom / two-bathroom unit, totaling 14,975 rentable square feet across three stories of wood-frame construction. The property has been meticulously maintained during the current ownership and this is the first time the property has been marketed in 33 years. Current rents average below market across the portfolio, with one-bedroom units running approximately 6% below comparable market rents and the three-bedroom unit carrying meaningful additional upside. An investor operating the building at market rents and fully charging for parking and storage will bring the proforma ca

Location

Address

2820 15th Ave W, Seattle, WA, 98119

City

Seattle

Features and Finishes

Year Built: 1969; [object Object]; [object Object]; [object Object]

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