8356 16th Avenue NW Seattle, WA 98117
8356 16th Avenue NW
Seattle, WA 98117
$4,600,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Crown Hill 13 is on the market for the first time since its 2001 construction. This 13-unit, well-built apartment community sits at the border of Loyal Heights and Crown Hill, near shops, dining, and entertainment along the Crown Hill corridor. Secure entry with elevator, garage parking plus large storage lockers. 7 of 13 units have been upgraded. 6 units provide value-add with potential for turnover. It’s close to Golden Gardens Park, Ballard Avenue, and just seven miles from South Lake Union and Downtown Seattle. With a 5.5% in-place cap rate, large floor plans, quality construction, and room for rent growth and renovations, this is a rare chance to own a strong income-producing property in one of Seattle’s top rental markets.
Property Features
Community: Crown Hill
10+ Units
Deck
Gated Entry
Exterior: Wood
Roof: Composition
Year Built: 2001
2025 Taxes: $34067.00
Buyer Broker Comp.: 2.5%
Listing #: 2440232
Lot Details
Lot Size: 0.24 acres
Corner Lot
Curbs
Paved
Sidewalk
No. of Units: 13
Interior
Cooling: None
Heating: Baseboard
Electric
Common Features
Elevator
Storage
Call or Email:
Grace Wamwere
What's Near 8356 16th Avenue NW Seattle, WA 98117?
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 Westlake Associates, Inc.
