712 N 143rd Street Seattle, WA 98133
712 N 143rd Street
Seattle, WA 98133
$2,999,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
The Windchime is a 14-Unit Apartment Building ideally situated just 1.5 miles to the Shoreline South/148th St Light Rail Station. This prime asset offers a compelling, high value-add opportunity by increasing rents to market rates and continuing to renovate/upgrade units upon resident turnover. Instant equity and improve the existing 5.0% cap rate to 8.25% by adjusting to market rents and charging for parking, storage & utility bill backs. Thoughtful design and construction enhance the longevity of this enduring multifamily property. The Windchime is a stable, low-maintenance investment poised for both short and long term growth. Unit mix consists of 11 one-bedroom units and 3 two-bedroom units w/ majority of tenants residing 5+ years.
Property Features
Community: Seattle
10+ Units
View: Territorial
Cable TV
Fenced-Partially
Gated Entry
High Speed Internet
Rooftop Deck
Exterior: Cement/Concrete
Exterior: Stucco
Exterior: Wood
Exterior: Wood Products
Roof: Flat
Year Built: 1983
2025 Taxes: $27328.10
Buyer Broker Comp.: 2.25%
Listing #: 2434366
Lot Details
Lot Size: 0.23 acres
Curbs
Paved
Sidewalk
No. of Units: 14
Interior
Cooling: None
Heating: Wall Unit(s), Baseboard
Electric
Call or Email:
Grace Wamwere
What's Near 712 N 143rd Street Seattle, WA 98133?
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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