Active
  • Listed by: 

    Dea Sumantri,

    Lee & Associates Commercial RE,

    Sara Bago,

    Lee & Associates Commercial RE

    Price cut: $100K (9/19)
    $1,550,000

    6710 24th Avenue NW, Seattle, WA 98117

    10beds
    6baths
    --sqft
    : 
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Common laundryExterior sealant coatingDeck replacementsWell-maintained propertyNew roof
    With $100K price reduction and rent increases of $250 (Oct/Nov 2025) and $205 (Jan 2026), projected Cap Rate is 5.31%. Prime investment in a top Seattle neighborhood near dining, shopping, and transit. Property offers spacious units averaging 900 SF: one 3-bdrm, three 2-bdrm, and one 1-bdrm. Recent upgrades include new roof (Oct 2024), exterior sealant (Jul 2024), and deck replacements (May 2025). No charges for parking/utilities—immediate revenue upside. Value-add potential with carport conversion or adding a 6th unit (buyer to verify). Common laundry plus private W/D in 3-bdrm. Light renovations could raise rents by almost 20%.
    155 days
    |
    287
    |
    30
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