7070 E Marginal Way S Seattle, WA 98108
7070 E Marginal Way S
Seattle, WA 98108
$1,200,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending Feasibility
Convert this motel into a 16 unit apartment complex! Estimated renovation cost at $1,300,000 for an estimated $3,000,000 finished value. Tons of sweat equity to be had as an investment. All numbers provided on rents/financials are an estimate proforma based on a newly renovated complex. There is currently no income on the building. Unit sizes would range from 346 sq ft to 433 sq feet. 4 units in the basement, 6 units on main floor, and 6 units upstairs. Tons of parking available on site. Tax Assessed Value at $1,945,500! Est. value of $3.1M after renovations into a multi-family dwelling are complete.
Property Features
Community: Georgetown
10+ Units
Fenced-Partially
Exterior: Wood
Roof: Torch Down
Year Built: 1919
2024 Taxes: $35022.00
Buyer Broker Compensation: 2.5%
Listing #: 2362738
Lot Details
Lot Size: 0.24 acres
Corner Lot
Paved
Sidewalk
Interior
Cooling: None
Electric
Schools
District: Seattle
Elem: Buyer To Verify
Middle: Buyer To Verify
High: Buyer To Verify
Call or Email:
Grace Wamwere
What's Near 7070 E Marginal Way S Seattle, WA 98108?
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.
DMCA Notice 
Courtesy of Keller Williams Rty Tacoma
