710 N 41st St - Apartments FOR SALE


Seattle, WA 98103- Fremont
$3,695,000 USD
206-623-8880
710 N 41st St, Seattle, WA for Sale
$3,695,000 USD
Apartments - FOR SALE
1/16
null | 5.59% Cap Rate

710 N 41st St
Seattle, WA 98103
Fremont


HIGHLIGHTS

  • First time on market in 45 plus years
  • New roof in 2024
  • Premier Fremont Location
  • Meticulously maintained
  • Quality updates have been completed on 9 of the 11 units
  • Ten parking spaces

OVERVIEW

First time on the market in 45 years! Conveniently located on N 41st St and Fremont Ave. The RCA is comprised of 2 buildings on 2 tax parcels and consists of 10 – 2BD units and 1 large studio. The buildings are situated above the street, buffering out any potential noise from traffic. Units are spacious with dining areas off the kitchens, gleaming hardwood floors and large windows allowing for an abundance of natural lighting. 9 of the 11 units have updates to the kitchens, and bathrooms and 8 kitchens offer new gas ranges. New roof in 2024. Building boasts territorial views, mature landscaping with a courtyard area, and 10 parking stalls. The large 10,813 SF lot is zoned LR2(M) providing the opportunity for potential future development.

FOR SALE DETAILS

PRICE

$3,695,000 USD

PRICE/SF

$719 USD /SF

# OF UNITS

11

PRICE/UNIT

$335,909

CAP RATE

5.59%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RCA Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,813 SF

ZONING

LR2 (M)

APN/PARCEL ID

193130-1245,193130-1250

ASK ABOUT THIS PROPERTY

Cathy JeneyParagon Real Estate AdvisorsMore Info
206-623-8880

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Cathy JeneyParagon Real Estate AdvisorsMore Info
206-623-8880

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