Property Description
Opportunity knocks in Wedgewood. Condo quality 4 plex w endless opportunity. Market rents total $9,850/mo+, =4.6%+ CAP. Two, 2 bed / 1 bath flats & Two, 2 bed 1.5 bath townhouse units. Units have been updated, full kitchens w dishwashers, keyless entry & mini-split HVAC systems offering energy efficient heat & AC! Coin op laundry for supplemental income. 7 parking spots. Surrounded by endless amenities, explosive growth & redevelopment. Easy access to all Wedgewood has, Maple Leaf, Ravenna Ave, Lake City Way, I-5 and just 5 min to light rail. Turn key investment opportunity, the hard work is all done! Current Zone: LR2 (M) offers future value add opportunities. The time to invest is now, ahead of any more historic inflation & rising rates.
Listing courtesy of
KW Everett
Features
: 1
: 1
: Territorial
: Composition
: 7
: Unfurnished
: Paved, Value In Land
: Wall To Wall Carpet, Central A/c, Ceramic Tile, Laminate Tile, Laminate Hardwood, Ductless Hp-mini Split
: Wood
: Cable Tv, High Speed Internet, Deck
: Central A/c, Wall, Ductless Hp-mini Split
: Cable Connected, High Speed Internet, Electricity Available, Sewer Connected
: Ceramic Tile, Laminate, Carpet
: Electric
: Poured Concrete
: Multi-family
: Cash Out, Conventional, Owner Financing
: Electric
: Sewer Connected
Address Map
US
WA
King
Seattle
98115
23rd
8523
0
W123° 41' 43.8''
N47° 41' 27.6''
1-4
Avenue
2
Head north on I-5 Express N. Use the left lane to take the WA-522 E/Lake City Way exit. Continue onto WA-522 E/Lake City Way NE. Turn right onto NE 85th St. Turn left onto 23rd Ave NE.
Schools
Seattle
Wedgwood
Nathan Hale High
Eckstein Mid
Taxes
2021
$10,807
Additional Information
Joe Platz
$0
$0
Monthly
1206293
NWM7433
08/02/2022 03:10:10
: Public
: Seattle Public Utilities
1
710 - North Seattle
0
Active
NWM38175
Residential Income For Sale
8523 23rd, Seattle, Washington 98115
0 Bedrooms
0 Bathrooms
3,800 Sqft
Visits : 84 in 1687 days
$1,995,000
Listing ID #NWM1873622
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NWM1873622
Price : $1,995,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,800 Sqft
Year Built : 1970
Lot Area : 0.14 Sqft
Structure Type : Quadruplex
Status : Active
Total Bathrooms : 0
Community : Wedgwood
Property Sub Type : Multi-family
