2232 Franklin Avenue E Seattle, WA 98102
2232 Franklin Avenue E
Seattle, WA 98102
$3,450,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
Sea to Sky Realty is excited to present the Vista View apartment complex located in the vibrant East Lake neighborhood. With well below market rents, the new owner can immediately realize a rental income increase by up to 25% without any extra work. The zoning allows townhomes to be built on the parking space without affecting the existing apartment building. Seller financing is available. The investor also has the option to acquire the adjacent property, Lorraine (#290220-0695, MLS #2155299) which is under the same ownership, together. The combined lot size of 13,200sf in such a highly-coveted urban residential neighborhood creates a rare opportunity for developers to build either apartment buildings or townhomes.
Property Features
Community: Eastlake
5-9 Units
Exterior: Wood
Roof: Composition
Year Built: 1963
2024 Taxes: $25479.00
Listing #: 2160623
Lot Details
Lot Size: 0.15 acres
Lot Dimensions: 6600
No. of Units: 8
Interior
Cooling: None
Heating: Baseboard
Electric
Call or Email:
Grace Wamwere
What's Near 2232 Franklin Avenue E Seattle, WA 98102?
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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