The Joanne Apartments provides a rare opportunity to purchase a property that has not been sold for over twenty years and has been family owned and operated. The offering presents an add value opportunity for an investor to touch up the unit interiors and significantly move rents upward. Additionally, the property sits on a 5,000 Sq. Ft. lot on LR3 (M) zoning offering future redevelopment potential with a multitude of options including apartments, SEDU's, townhomes, and more.
Off market
$1,416,800
5020 22nd Ave NE, Seattle, WA 98105
5beds
6baths
3,806sqft
MultiFamily
Built in 1948
-- sqft lot
$1,416,800 Zestimate®
$372/sqft
$2,957 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
Cooling
- Wall
Appliances
- Included: Refrigerator
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 3,806 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 5,000 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1948
Utilities & green energy
- Sewer: Available
- Water: Public
Community & neighborhood
Location
- Region: Seattle
Other
Other facts
- Refrigerator1: Y
- Refrigerator2: Y
- Property type: MULT
- Range/oven1: Y
- Range/oven2: Y
- Refrigerator3: Y
- Refrigerator4: Y
- Range/oven3: Y
- Range/oven4: Y
- Refrigerator5: Y
- Range/oven5: Y
- Range/oven6: Y
- Refrigerator6: Y
- Building condition: Very Good
- Water source: Public
- Roof: Composition
- Possesion: Closing
- Energy source: Electric
- General zoning: Multi-Family
- Heating and cooling: Wall
- Amenities: Storage
- Form 17: Not Provided
- Style: 55 - 5-9 Units
- Exterior: Brick
- Potential terms: Cash Out
- Floor covering: Wall to Wall Carpet
- Sewer: Available
- Lot details: Curbs
- Foundation: See Remarks
- Bathrooms1: 1.00
- Bathrooms2: 1.00
- Bathrooms3: 1.00
- Bathrooms4: 1.00
- Bathrooms5: 1.00
- Bathrooms6: 1.00
- Offers: Reviewed on receipt
- Commission: 2.5%
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$1,416,800
2% more+ $28,336
With Zillow Showcase(estimated)
$1,445,136