$1,895,000
Available

8523 23rd Avenue NE #1-4

Seattle, WA 98115
Courtesy of KW Everett
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Description

Opportunity knocks in Wedgewood. Condo quality 4 plex w endless opportunity. Market rents total $9,850/mo+, =4.9%+ CAP. Two, 2 bed/1 bath flats & Two, 2 bed/1.5 bath townhouse units. Updated units w full kitchens, dishwashers, keyless entry & mini-split HVAC systems offering efficient heat & AC! Coin op laundry for additional income. 7 parking spots. Surrounded by endless amenities, explosive growth & redevelopment. Easy access to all Wedgewood has, Maple Leaf, Ravenna Ave, Lake City Way, I-5 and just 5 min to light rail. Turn key investment opportunity, the hard work is all done! Current Zone: LR2 (M)offers future value add opportunities. Invest ahead of inflation & rising rates. Seller financing 20-25% down, 5.5% int & 5-7 yr cash out.
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  • Interior Details
    • Heating & Cooling
      • Heating:Central A/C, Ductless HP-Mini Split, Wall
    • Interior Features
      • Interior:Central A/C, Ductless HP-Mini Split, Ceramic Tile, Laminate Hardwood, Laminate Tile, Wall to Wall Carpet
  • Property Details
    • Property
      • View:Territorial
      • Stories:2
      • Lot description:Paved, Value In Land
      • Exterior features:Cable TV, Deck, High Speed Internet
      • Exterior materials:Wood
    • Measurements
      • Acres:0.1437
      • Square Feet:3800
  • Construction Details
    • Type & Style
      • Architectural style:54 - 4-Plex
    • Condition
      • Year built:1970
    • Material information
      • Foundation:Poured Concrete
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer Connected
      • Utility source:Public
      • Utility features:Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
  • Community and Neighborhood Details
    • Location
      • School district:Seattle
      • Elementary School:Wedgwood
      • Middle School:Eckstein Mid
      • High School:Nathan Hale High
      • County:King
    • Community
      • Subdivision:Wedgwood
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 995, 000
      • Selling office_commission:2.5
      • Annual taxes:$10, 807
  • Other
    • Source
      • MLS #:1873622

Location

Jennifer Talbot-MantoothReal Estate Group
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