3,470 SF$785,000
Multi-Family
This is an excellent opportunity for an owner user purchase. Any one of the units can be an owner unit, two of the units are three-bedroom, two and 1/2 bath two-story townhome and the third is a two bedroom, two bath two-story townhome. There are three off street parking places and each unit comes with a full size washer and dryer.
54,858 SF$6,950,000
Multi-Family
Built in 1965 as senior housing, and converted to a garden style, mixed use apartment complex. One block off of Lake City Way. Approx. 4,300 sq.ft. of street level commercial space which is currently leased with 16 parking spaces. And 68 apartment units with a nice mix of 1 and 2 bedroom units. The property features a circular driveway leading to a main lobby, garden courtyard on the south side and ample parking for all residential tenants (20 garage spaces plus 56 open parking spaces). The building is in excellent condition and has been well maintained. The residential units have been upgraded under the current ownership. They are spacious with large windows allowing for an abundance of natural light. Each unit has ample closet and storage space as well a deck or patio.
4,976 SF$749,950
Multi-Family
The Olive Branch Apartments is a low maintenance Multi-Family investment with a long history of stable occupancy and increasing rents. This impeccably maintained 100% leased Burien 6-Plex enjoys a convenient lifestyle of spacious 2-bedroom, 1-bath mountain view apartments w/large walk-in closets, secured storage, new carpets, double-pane energy efficient windows, newer appliances, spacious iron-railed balconies, covered parking & motion detection security lighting. Just 1-block off major bus routes, close to Sound Transit Light Rail and within easy walking distance from Burien' s rejuvenated downtown.
Size Upon Req.$13,900,000
Multi-Family
Close to Sea-Tac Airport. A development agreement is in place with the City to allow 20 stories. (Approx 1600 residential units plus retail & office). Real Estate taxes will be abated for 8 years on new buildings beginning from the date of completion. Existing 3 mobile home courts & parking lot.
Size Upon Req.$5,900,000
Multi-Family
This opportunity is currently an operating gas station in a prime University District location. It is an ideal redevelopment project for student housing above retail. This is in a highly sought after area, currently undergoing a revitalization.
4,720 SF$1,400,000
Multi-Family
"The Multifamily Specialist: Handling All Your Real Estate Investing Needs. University of Washington! Truly a Trophy Property on Greek Row! 4 blocks from the University of Washington campus. Located on a corner lot on the beautiful boulevard.Gorgeous old world charm, oak floors, glass knobs, beveled leaded windows, & French doors. Lovely formal rooms, den, music room & over-sized kitchen. Lower level includes; family room, workshop, & separate guest quarters w/2nd kitchen, private entry & covered patio. Fully fenced backyard w/deck, hot tub, 2nd patio & alley access. Master bdrm w/walk-in closet & attached bath. Peek of Cascade Mountains & Lake WA view deck. 2 garages & 3 tandem spots ! There are a total of 12 bedrooms and 3.5 bathrooms. The entire house is rented out to one group at $7,500/mth. Never Vacant, All tenants are under 1 lease agreement. If one tenant moves out its the responsibility of the others to fill it. The rent does not change! New leases through Sept. 2014! Price is firm! Good Luck finding some thing better in Seattle!
2,850 SF$1,275,000
Multi-Family
"The Multifamily Specialist" Handling All Your Investing Needs. Absolutely charming & beautifully remodeled home. Fantastic view of the Cascaded & Lake Washington. Large decks off kitchen leading to a beautiful private backyard as well as a deck off the master bedroom where you can watch the sun rise over the lake and mountains. Designer kitchen with 6 burner gas range, slab granite counters and cherry cabinets. Huge light filled living and dining rooms. Walk to all the shops of University Village, Green Lake, easy access to downtown There are a total of 9 bedrooms and 3 bathrooms. 2850 Sq. Ft. The entire house is rented out to one group at $7,000/mth. Absolutely a Recession Proof Investment! Never Vacant, All tenants are under 1 lease agreement. If one tenant moves out its the responsibility of the others to fill it. The rent does not change! New leases through Sept. 2014! Price is firm! Good Luck finding some thing better in Seattle!
4,920 SF$550,000
Multi-Family
Solid investment property in the heart of Des Moines. Large townhouse style 4plex. 2bed/1.5 bath units of approximately 1,230 square feet each. Several units have Puget Sound views. Upper units have decks, lower units have patios. Convenient access to freeway, bus, airport, marina and shopping. All units are rented and in high demand when vacant. All units have separate washers/dryers. Must see investment property! New owner could replace property management, which would lessen the property expenses and raise the cap rate.
31,676 SF$2,850,000
Multi-Family
This offering is the Sherri Arms Apartments which consists of five buildings on 1.3 acres of land. Unique among the multifamily properties in the vicinity of the property, there are 24 two-bedroom one and one half baths and 16 very spacious one bedroom units. The property is in good repair with vinyl windows and sliding doors, new exterior paint, and low maintenance landscaping. The property is currently professionally managed with two bedroom rent rates targeted at $875/month and one-bedroom units leased between $700 and $750/month. It is currently full with room to increase rents to market rates.
12,948 SF$3,695,000
Multi-Family
This very well located mixed-use building in the Madrona neighborhood has 15 apartment units with three commercial spaces. Over the past three years rents have increased by over 15 percent with an actual vacancy rate below 3 percent. All commercial tenants ahve been in the building for a number of years and have leases that go through 2015 or 2018. In the past 10 years the building has been fully upgraded with new copper plumbing, new electrical system, new footings in the foundation, tuck pointed brick, and new roof. All units and common areas have also been upgraded, yet still keep the classic charm intact.
2,000 SF$640,000
Multi-Family
Fantastic rental investment opportunity! Take advantage of LR2 zoning to develop multiple townhomes or apartments. Also possible with site to keep existing house and build a duplex behind grossing $5,000 a month. Existing SF - 3 Bedroom, 2 Bathrooms -Finished Basement 5,000 SF land Possible JV/ Partnership All offers are off the market, with no bidding wars. Fast and easy transaction! Please reply or contact Morgan for further information and additional photos.
1,568 SF$350,000
Multi-Family
Great owner/user opportunity in Rainier Beach. Month to month lease to attorney upstairs and resident downstairs but both have been in the building for a decade and wish to stay. Redevelopment potential on 7052sf lot. Office is 784sf residence is 1 bedroom also 784sf. Street parking. Fenced. 1.5 restrooms. Excellent signage. CHICAGO TITLE PLEASE.
8,462 SF$1,250,000
Multi-Family
Built in 1967, this 11 unit building offers a varied unit mix consisting of 5 1 bed/1 bath units of approximately 615-645 square feet, 5 2 bed/1 bath units of approximately 785 square feet and 1 3 bed/1.75 bath unit of approximately 1,120 square feet. The Zante Apartment building has a cathedral front entry with large glass pane windows and glass entrance doors allowing an abundance of natural light in to the common area stairwell. All of the common area hallways have been recently painted and the carpets replaced. The utility room on the 1st floor has been recently renovated with all new coin-operated washers and dryers, water heaters, meters, and storage lockers. Units are individually metered and include an oven, refrigerator, dishwasher, and range vented to the building exterior. All units include a deck or a patio.
13,600 SF$1,995,000
Multi-Family
Built in 1967, the Verona is a 4-story, wood-framed building with a durable marblecrete exterior. The property sits on an approximately 11,760 square foot corner lot that is zoned LR2. The building features a secure access entry, wide hallways, on-site laundry facility and elevator service for resident' s convenience. There is a desirable unit mix consisting of seven one-bedroom/one-bath and eight two-bedroom/one-bath units. The units are large with spacious bedrooms, living and dining areas and large private patios/balconies offering excellent western views of the sound and Olympic Mountains as well as surrounding territory. Other property amenities include individual storage lockers and a parking lot on the East side of the property offering ample off-street parking.
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