The property includes one non-conforming studio unit, two 1-bedroom/1-bathroom units, and one 2-bedroom/1-bathroom unit. All units were renovated approximately five years ago, featuring hard-surface flooring, updated kitchens, fresh paint, and modern fixtures throughout. The current owner has maintained the property with great care, and it benefits from mature landscaping that enhances its overall appeal. The property currently operates at a 4.6% cap rate, with potential upside through rent increases and the addition of storage income. This offering represents a rare chance to acquire a well-maintained, stabilized asset in the heart of Georgetown.
| MLS # | 2542292 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1908 |
| Days On Site | 30 |
| Listing Provided By | Skyline Properties, Inc. | Amir Rashidi |
| SQ Feet | 2,910 |
|---|---|
| Story(s) | 3 |
| Units | 4 |
| Zoning | Multi-Family |
| Acreage | 0.07 |
| Property | 9710 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98108 |
| Area | 385 SODO | Beacon Hill |
| Community Name | Georgetown |
| Listing VS Median (in Georgetown) | |
Price: $1,399,000 low | high Med: $559,950 sqft: 2,910 low | high Med: 1,742 $ / sqft: $481 low | high Med: $321 On site: 30 low | high Med: 33 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98108 |
| Area | 385 SODO | Beacon Hill |
| Community Name | Georgetown |
| Listing VS Median (in Georgetown) | |
Price: $1,399,000 low | high Med: $559,950 sqft: 2,910 low | high Med: 1,742 $ / sqft: $481 low | high Med: $321 On site: 30 low | high Med: 33 | |
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