$4,200,000
Leschi Lakeview
Listing Type: For Sale
Property Type: Multi-Family
Status: Pending
CBA ID#: 643473
201 30th Ave S
Seattle, WA 98144

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Commercial Property

Marketing Description:

11-unit water-view apartment complex located in the Leschi. Built in 1965, this building offers the opportunity to add value and to own a pride of ownership asset with a very nice entry CAP rate on demonstrated in-place rents. Units are spacious and offer a large patio facing a quiet tree-lined street. Units are easily rented, as the property sits surrounded by attractive single-family homes in a quiet residential neighborhood. Current ownership has remodeled 9 of the apartments with new cabinets, quartz counters, new appliances, and 8 of these units have W/D. This opportunity presents a great chance to purchase a unique property in a desirable single family neighborhood with accessibility to amenities, parks and schools. Tax iD #: 3416600825

Land Features:

  • Lot Size: 10000 SqFt
  • Lot Acreage: 0.23 Acres
  • Zoning: SF5000
  • Total Parking: 10
  • Covered Parking: 3
  • Uncovered Parking: 7

Building Features:

  • Building Size: 8071 SqFt
  • Number of Floors: 3
  • Cap Rate: 4.79%
  • Construction: Framed, Wood
  • Year Built: 1965
This Listing Supplied Courtesy of Paragon Real Estate Advisors
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
Equal Housing Opportunity