$2,590,000
20th Avenue, Seattle, 98105
4528 20th Avenue NE, Seattle, WA 98105
Turn around 27 unit apartment complex listed at 5.2% Cap Rate based so far on 2023. Current vacancy at 19% which allows for instant potential to increase cap rate.This complex has 1 kitchen 4 showers and 4 rest rooms; coin op laundry, and 6 parking stalls. All studios are decent sized with mini fridge, microwave, bed, chair and desk. All windows upgraded to vinyl cased thermopane. All original systems are intact and working well. All rooms have baseboard radiator heat supplied by central gas fired boiler with four zones, dedicated thermostat on each floor. 2 hot gas hot water tanks. In 2021 and 2022, all flooring was upgraded to LVP. New Torch down roof is 2017. Ask Broker to see more pictures of the property.
Listing Courtesy of
Best Choice Realty
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2165235
- StatusPending
- AreaUniversity District
- Foundation DetailsPoured Concrete
- FlooringVinyl Plank
- CarportNo
- CitySeattle
- CountyKing
- Exterior FeaturesWood
- FireplaceNo
- High School DistrictSeattle
- Living Area0 Square Feet
- Lot FeaturesAlley, Curbs, Paved, Sidewalk
- Lot Acres0.089
- Lot Square Feet3878
- New ConstructionNo
- Zip Code98105
- Property TypeMulti-Family
- RoofFlat
- SewerSewer Connected
- WaterfrontNo
- Water SourcePublic
- Year Built1964
- 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.
Loading...