8820 Stone Ave Seattle, WA 98103 – 8820 Stone Avenue N

8820 Stone Avenue N (Status: Pending) 2450000

8820, Stone Ave, Seattle, WA  98103

Located in the up-and-coming neighborhood of North Green Lake, this 7-unit apartment building was built in 1991 by current and original ownership. This property offers investors the opportunity to own and manage an easily maintained and easy to rent building with immediate rental upside and value- add potential. Proforma rents suggest this is a 6%+ Cap Investment. The current unit mix consist of five , two bedrooms, two bath units and two, three bedrooms with two bath units. Each unit is spacious and has their own washer and dryer. Over the years the units have been updated with new carpets, paint and appliances when needed. The basement also has a laundry area that all tenants have access to. The location of this property is ideal for navigating the city. Located two blocks from a major t

Listing Details

Asset Class: Multi-Family
Year Built: 1991
Building Total Square Feet: 9121
Available Lease Space Square Feet: 6531
Number of Floors: 3
Total Parking Spaces: 8
Local Zoning Information: LR2(M)

Listing Courtesy of: Westlake Associates, Inc.

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.