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Jennifer Braun

jennifer.braun@cbrealty.com +1(206) 949-3110

Listed by WPI Real Estate Services, Inc.

$ 2,880,000

Est. payment | -/mo

9,680 SqFt

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$ 2,880,000

Est. payment | -/mo

Save Virtual Tour

9,680 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 9,680 sqft

Price per Sqft $297

Subdivision First Hill

MLS Listing ID 2397715

Style 56 - 10+ Units

Year Built 1981

Lot Size 7,675 Sqft

Property Sub-Type Multi Family

Property Description

Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Fireplace false

Exterior

Exterior Feature Stucco, Wood

Amenities Available Sprinkler System

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

Virtual Tour https://my.matterport.com/show/?m=s28BrtExwcc&mls=1

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Jennifer Braun

Broker-Associate | Lic# 10319

jennifer.braun@cbrealty.com

+1(206) 949-3110

1200 Westlake Ave N Suite 406, Seattle, WA, 98109, USA

1402 E Cherry ST Seattle, WA 98122

Jennifer Braun

Key Details

Location

Interior

Exterior

Building

Schools

Others

1402 E Cherry ST