A true value add property located 2 blocks away from Lake Union. This is the first time this property has been on the market in 40+ years. 7 Units available for a complete renovation. Strong in-place cash flow with substantial renovation upside to over 21%. Common laundry for all units with two parking spots available. Located within walking distance from gas works park, Fremont & Wallingford neighborhoods and the University of Washington. Financials are Proforma and Rents are In-Place.
Based on information submitted to the MLS GRID as of Friday, March 29th, 2024 06:45:27 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Closed
Closed Listing courtesy of Kidder Mathews
Listing sold by Lee & Associates Commercial RE
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Closed
Closed Listing courtesy of Kidder Mathews
Listing sold by Lee & Associates Commercial RE
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Contact
- Listing ID 1928867
Mary V. Lockman Managing Broker CRS, ABR, Green, RSPS, e-PRO, SFR