2409 SW Findlay St - Apartments FOR SALE


Seattle, WA 98106- High Point
$799,900 USD
206-474-4027
2409 SW Findlay St, Seattle, WA for Sale
$799,900 USD
Apartments - FOR SALE
1/15
null | 9.58% Cap Rate

2409 SW Findlay St
Seattle, WA 98106
High Point


HIGHLIGHTS

  • Fantastic Location
  • Huge Development Potential
  • Value Investment
  • Close to Light Rail & Downtown Seattle

OVERVIEW

Instant income generator! Unique property in fantastic shape, great location for investment plus development opportunity in West Seattle. The zoning is NC2P55 which allows for a wide variety of uses & development possibilities! This Craftsman home was fully remodeled in the 2000's. The in wall radiant hydronic heating system is state of the art. The upper unit has 2 Bedrooms, 1 full bath, its own washer dryer and separate entrance. The lower unit is 1 Bedroom, ¾ bath and its own washer, dryer and entrance. The property is gated and fully fenced with a ton of off street parking spaces. Minutes to New Light Rail Extension, Alki Beach, Downtown, The Junction, shopping, restaurants, golf course, parks and much more! Future development allows for commercial units on the first floor and apartments above. At one point owner was collecting $7200 a month from renting the two units and backyard separately.

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$513 USD /SF

# OF UNITS

1

PRICE/UNIT

$799,900

CAP RATE

9.58%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,966 SF

ZONING

NC2P55

APN/PARCEL ID

177310-1740

ASK ABOUT THIS PROPERTY

Casey SweeneyRsvp Real Estate-era PoweredMore Info
206-474-4027

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Casey SweeneyRsvp Real Estate-era PoweredMore Info
206-474-4027

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.