Discover a prime investment opportunity in North Seattle with Brighton Townhomes. This well-maintained property of five two-story townhome-style units offers immediate appeal with its strategic location. Just minutes from the Northgate Light Rail Station and the bustling downtown Seattle, residents benefit from convenience and urban amenities.
Built in 1973 and renovated in 1995, Brighton Townhomes present a rare chance for value-add improvements, including interior upgrades to boost rental income. With one unit already partially renovated and achieving higher rents, the potential for a 15% rent premium awaits new ownership. Additionally, the property offers the ideal unit mix of four 2-bed/1.5-bath units and one 1-bed/1-bath unit, averaging 1,008 square feet each.
Furthermore, the property boasts updated electrical systems, a recently replaced roof, and ample parking space. Seize this opportunity at Brighton Townhomes to enhance your investment portfolio with significant upside potential and a prime location in a thriving submarket of North Seattle.