608 W Emerson Street Seattle, WA 98119
608 W Emerson Street
Seattle, WA 98119
$2,875,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Pending
We are pleased to present the 608 W Emerson Apartments, located along W Emerson St in North Queen Anne, walking distance from Seattle Pacific University. All units were upgraded in 2016, including updated kitchens with new finishes and fully upgraded bathrooms with modern fixtures and motion sensor fans. The property is being listed 100% vacant, providing an excellent opportunity to renovate all 10 units with modern finishes and achieve higher rents. It includes a laundry facility, balconies with views, 14 uncovered parking spaces, mature landscaping, and storage space. The asset stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M ($287,500/unit; $376/SF).
Property Features
Community: Queen Anne
10+ Units
View: Canal
Exterior: Cement/Concrete
Exterior: Stucco
Exterior: Wood
Roof: Torch Down
Year Built: 1975
2025 Taxes: $21147.00
Buyer Broker Compensation: 2%
Listing #: 2409472
Lot Details
Lot Size: 0.20 acres
Paved
No. of Units: 10
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Coin Op Laundry
Storage
Thermal Windows
Call or Email:
Grace Wamwere
What's Near 608 W Emerson Street Seattle, WA 98119?
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 Northmarq Multifamily, LLC
