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%.
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
Est.:
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Common laundryExterior sealant coatingDeck replacementsWell-maintained propertyNew roof
- 155 days |
- 287 |
- 30 |
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