3036 4th Ave Seattle, WA 98119 – 3036 4th Avenue W

3036 4th Avenue W (Status: Pending) 2000000

3036, 4th Ave, Seattle, WA  98119

Prime value-add opportunity with Seller Financing available – in highly sought-after Queen Anne neighborhood. Well-maintained 6-unit multifamily property comprised of a Fourplex built in 1990 and a Duplex built in 1962. Versatile unit mix of 1 and 2-bedroom apartments. Property includes 6 garages and features a common laundry area for convenience. Strong investment potential, with the ability to increase rental income by approximately 57% through strategic renovations. Upside also includes the ability to implement utility billbacks and charge for 3 owner-occupied garages. Zoned MIO-37-LR1, this multifamily asset also provides the option for future development, including the potential to add two townhomes or row houses while keeping the existing Fourplex (buyer to verify).Attractive s

Listing Details

Asset Class: Multi-Family
Year Built: 1990
Building Total Square Feet: 4050
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 8
Local Zoning Information: MIO-37-LR1

Listing Courtesy of: SMI Real Estate

Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.