3425 14th Ave W, Seattle, WA, 98119

CAD 4,395,000
For Sale MLS: 2476496

Property Details

Bedrooms

14

Property Type

multi family

Description

Multi Family in Seattle, WA - Bedrooms: 14 - Bathrooms: 0 - Area: 12270 sqft - Year Built: 1989 - Lot: 8999 sqft

Listing Agent: Brian D. Platt Brokerage: Paragon Real Estate Advisors

Well-located 19 unit multifamily investment positioned in Seattle's Queen Anne / Interbay corridor with expansive views overlooking Interbay, Magnolia, and Fishermen's Terminal. The unit mix consists of a combination of large studio units and large one-bedroom residences with an average unit size of approximately 646 square feet. Most units have received interior updates including refreshed cabinetry, LVP flooring, and a mix of Formica, granite, and quartz countertops. Building capital improvements include the installation of a new TPO roof in 2025. Other building systems include copper plumbing, GE electrical panels, and double-pane aluminum windows. Additional amenities such as secured covered garage parking, a secured entry intercom system, in-unit water tanks, on-site laundry, and basement storage units further enhance tenant appeal and contribute to operational stability. There is potential to add in-unit washers and dryers (subject to buyer verification), offering an additional avenue for future rental income creation.

Location

Address

3425 14th Ave W, Seattle, WA, 98119

City

Seattle

Features and Finishes

Bedrooms: 14, Heating Features: Baseboard, Heating Fuel: Electric, Heating: Yes, Number of Fireplaces: 0, Flooring: Vinyl Plank, Covered Spaces: 0, Garage Spaces: 10, Open Parking: No, Lot Size Acres: 0.2066, Lot Size Square Feet: 9000, Association: No, Calculated Total Monthly Association Fees: 0, Gross Scheduled Income: 359854, Leasable Area: 12270, Number of Units: 19, Bedrooms in Unit-1: 1, Bedrooms in Unit-2: 0, Bedrooms in Unit-3: 1, Bedrooms in Unit-4: 1, Bedrooms in Unit-5: 0, Bedrooms in Unit-6: 1, Bedrooms in Unit-7: 1, Bedrooms in Unit-8: 0, Bedrooms in Unit-9: 1, Bedrooms in Unit-10: 1, Total Bathrooms in Unit-1: 1, Total Bathrooms in Unit-2: 1, Total Bathrooms in Unit-3: 1, Total Bathrooms in Unit-4: 1, Total Bathrooms in Unit-5: 1, Total Bathrooms in Unit-6: 1, Total Bathrooms in Unit-7: 1, Total Bathrooms in Unit-8: 1, Total Bathrooms in Unit-9: 1, Total Bathrooms in Unit-10: 1, Unit-1 Square Feet: 745, Unit-2 Square Feet: 525, Unit-3 Square Feet: 755, Unit-4 Square Feet

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