633 W Emerson St - Multi-Family FOR SALE


Seattle, WA 98119- Queen Anne
$1,395,000 USD
206-457-6775
633 W Emerson St, Seattle, WA for Sale
$1,395,000 USD
Multi-Family - FOR SALE
1/33
null | 4.69% Cap Rate

633 W Emerson St
Seattle, WA 98119
Queen Anne


HIGHLIGHTS

  • Excellent North Queen Anne location
  • 2 blocks from Seattle Pacific University campus
  • Immediate upside in income in current condition with further upside through renovation
  • Private patio/yard spaces and outside storage
  • 4 off-street parking stalls
  • System updates: Copper plumbing, double-paned vinyl windows, Square D electric panels

OVERVIEW

Exceptionally clean fourplex located in North Queen Anne. All apartments have in-unit laundry, functional layouts, and complete kitchen appliance packages. The interior finishes blend original elements and simple updates that have been done over time. Perfect opportunity for an owner-user to move in and occupy one of the units. The future owner can capitalize on this and easily modernize the units cosmetically to increase income potential. The property offers a perfect blend of in-city living with a safe, quiet neighborhood feel. Located just a short drive on Highway 99 to downtown and within walking distance of Seattle Pacific University, the Fremont Sunday Market, and the shops atop Queen Anne Hill, this property is ideal for prospective tenants.”

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$481 USD /SF

# OF UNITS

4

PRICE/UNIT

$348,750

CAP RATE

4.69%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1962

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

LR1 (M)

APN/PARCEL ID

744300-0535

ASK ABOUT THIS PROPERTY

Will DouglasParagon Real Estate AdvisorsMore Info
206-457-6775

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Will DouglasParagon Real Estate AdvisorsMore Info
206-457-6775

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