3422 21st Avenue W Seattle, WA 98199
3422 21st Avenue W
Seattle, WA 98199
$2,000,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Enjoy cashflow & stability while planning future development upside! Current financials of this building are above average for comps but the differentiating quality of this opportunity is found in the extraordinary upside. 6-unit building (five are 2bedrooms) w/ addtl SFH (2bds/1ba) sits on a 7,650 sqft street-to-street lot w/ coveted LR-3 zoning. Three viable upside options: 1) add rental units or build/sell townhomes where SFH currently sits; 2) expand existing units into under-utilized interior space (there are two large interior staircases, one could be repurposed to pick up an entire bedroom on three units); and 3) align rents with market-rate. Loads of off-street parking. Close commute to high-income jobs + Whole Foods & Trader Joe's.
Property Features
Community: Magnolia
5-9 Units
View: Territorial
Exterior: Metal/Vinyl
Roof: See Remarks
Year Built: 1968
2024 Taxes: $18621.00
Listing #: 2233647
Lot Details
Lot Size: 0.18 acres
No. of Units: 8
Interior
Cooling: None
Heating: Wall Unit(s)
Electric
Schools
District: Seattle
Elem: Magnolia Elementary
Middle: Mc Clure Mid
High: Ballard High
Call or Email:
Grace Wamwere
What's Near 3422 21st Avenue W Seattle, WA 98199?
Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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