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Updated 3 months ago,
39-Unit Apartment Building
Attention, Investors! 📈 As tax season approaches, it's time to plan ahead with smart investment opportunities!
Presenting a rare chance to acquire a well-established, income-producing 39-unit apartment building in the heart of Seattle! This property is perfect for a 1031 Exchange and is just blocks from essential transit options like the Rail Station and bus lines, as well as Lake Washington. Its prime location offers easy access to the Airport, Boeing, Port of Seattle, and Downtown Seattle, plus shopping, dining, and entertainment options, including The Landing and Southcenter Mall. Top-rated schools are within walking distance.
Key Features:
- *Additional income potential with parking, coin-operated laundry, and storage units.
- *Below-market rents with long-term tenants, allowing for future rent growth.
- *Value-add potential: basement space can be converted into studios, enhancing income and property value.
With an unbeatable location and high demand from renters, this property is a rare find for multi-family investors looking to expand their portfolios with a top-tier asset.
For more information, call or text 206-910-5013.