$3,450,000
Franklin Avenue, Seattle, 98102
2232 Franklin Avenue E, Seattle, WA 98102
Sea to Sky Realty is excited to present the Vista View apartment complex located in the vibrant East Lake neighborhood. With well below market rents, the new owner can immediately realize a rental income increase by up to 25% without any extra work. The zoning allows townhomes to be built on the parking space without affecting the existing apartment building. Seller financing is available. The investor also has the option to acquire the adjacent property, Lorraine (#290220-0695, MLS #2155299) which is under the same ownership, together. The combined lot size of 13,200sf in such a highly-coveted urban residential neighborhood creates a rare opportunity for developers to build either apartment buildings or townhomes.
Listing Courtesy of
Sea to Sky Realty
Source Northwest MLS
Media
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PROPERTY DETAILS
- Mls Id2160623
- StatusActive
- AreaEastlake
- Foundation DetailsPoured Concrete
- FlooringLaminate, Vinyl
- CarportNo
- CitySeattle
- CountyKing
- Exterior FeaturesWood
- FireplaceNo
- High School DistrictSeattle
- Interior FeaturesLaminate
- Living Area0 Square Feet
- Lot Acres0.1515
- Lot Square Feet6600
- New ConstructionNo
- Zip Code98102
- Property TypeMulti-Family
- RoofComposition
- SewerAvailable
- WaterfrontNo
- Water SourcePublic
- Year Built1963
- Checked For Updates2024-05-14 13:07:54 PDT
Based on information submitted to the MLS GRID as of 2024-05-14 13:07:54 PDT. 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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