2821 Thorndyke Ave W, Seattle, WA 98199

$2,750,000

Listing courtesy of Keller Williams Downtown Sea.

List Price
$2,750,000
Status
ACTIVE
MLS#
1721118
Days on Market
101

Property Description

Investor Alert - Opportunity to acquire a solid fully leased mixed use building featuring 4 residential units and 2 street level commercial units. LR3 zoning. Stellar Magnolia/Interbay location with a bold street presence just north of Downtown Seattle and future city growth. Prime location near shopping, restaurants, transit access, biking paths & parks. Strong rental history where vacancies are a rarity. Many updates to the building's systems and maintenance throughout ownership. 56' of commercial street frontage with large windows on main street. Monthly income of $13,334. Cap Rate:4.85% Lot size: 4,170 sq. ft. Abundant street parking

Additional Information

Community
Magnolia
Property Type
COMI
Building Condition
['Good']
Style
61 - Comm Bldg Ovr 10K
Year Built
1953
Exterior
Brick, Metal/Vinyl, Wood
Roof
Built-Up, Composition, Flat
Annual Taxes
$13,373
Tax Year
2020
Potential Terms
Cash Out, Conventional
ENS
Electric, Natural Gas
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