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Property Description

The James Bon Apartments is a 13-unit apartment complex (12 plus one-nonconforming studio) located in the popular urban hub of 85th and Greenwood. The property has a large, underutilized basement that was permitted to add two 580 SQFT 1×1 units in 2018. Permits have since expired, but the building offers a great value add component with the ability to add at least two units and possibly 3-4 (Buyer to Verify) to the current blueprint. Several units have been remodeled with modern finishes including luxury vinyl flooring, new cabinetry, counter tops, appliances etc… The property also boasts an oversized 11,538 SQFT Lot zoned NC2-65 (M1) Urban Village (no parking requirement) for future development potential.

Listing courtesy of
Paragon Real Estate Advisors
Features
: 1
: See Remarks
: See Remarks
: 13
: Unfurnished
: See Remarks
: 90%+ High Efficiency
: Electricity Available
: See Remarks
: Electric
: See Remarks
: See Remarks
: Very Good
: Multi-family
: Cash Out
: Electric
: Available
Address Map
US
WA
King
Seattle
98103
Phinney
8541
0
W123° 38' 44.3''
N47° 41' 30.9''
Avenue
1
Follow I-5 N to Banner Way NE. Take exit 172 from I-5 N, Take N 85th St to your destination.
Schools
Seattle
Taxes
2021
$26,768
Additional Information
Jacob Odegard
$0
$0
Monthly
74045474
NWM7086
19/01/2022 22:44:10
1
705 - Ballard/Greenlak
0
Active
NWM105033

Residential Income For Sale

8541 Phinney, Seattle, Washington 98103

0 Bedrooms
0 Bathrooms
11,538 Sqft
Visits : 62 in 1666 days
$3,880,000
Listing ID #NWM1876199
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NWM1876199
Price : $3,880,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 11,538 Sqft
Year Built : 1979
Lot Area : 0.26 Sqft
Structure Type : Multi Family
Status : Active
Total Bathrooms : 0
Community : Greenwood
Property Sub Type : Multi-family
Agent info
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