6542 4th Avenue NE, Seattle, WA 98115

Steps from Green Lake, the 7-unit Joseph Apts is well maintained with significant updates to systems. Capital improvements include replacement and rewiring of the electrical main and sub panels, installation of copper supply mains, side sewer line replacement and recent exterior painting. Most units feature updates, laying the groundwork for additional unit updates and renovations. The sizable 2-bedroom owner’s unit features an in-unit washer and dryer as well as new counters, cabinets and fixtures in the bathroom. With three units vacating at or near closing, the Joseph presents investors with a unique opportunity to reposition a well-located Green Lake asset and achieve projected returns within a condensed timeframe.