2409 Findlay St, Seattle, WA 98106

2 Unit Apartment Building | $899,000 ($449,500/Unit) | 8.52% Cap Rate | Seattle, WA 98106

Asking Price $899,000

Property Type
Multifamily
Square Feet
1,560 SF

Listing Contacts

Casey Sweeney
Casey Sweeney

Property Overview

Fully Rented! Remodeled in 2000, currently setup as a multi-family, with a 2 bed 1 bath upper unit, and a 1 bed 1 bath lower unit equipped with separate kitchens, their own washer & dryer, and private entrances. Nearby to future Light Rail, Alki beach, Restaurants, West Seattle Junction, Shopping and Parks! Capitalize on this perfectly located property zoned NC2P55 allowing for a wide range of development options. Great investment property, with it commercially zoned develop and build commercial units on the bottom, and apartments on the top. Top unit is and backyard is renting for $5000 a month and the 1 bed 1 bath lower unit is renting for $2200 a month.

Property Details

Class
C
Year Built/Renovated
1927/2000
Stories
2
Property Subtype
Storefront Retail/Residential, Office/Residential, Dormitory
Lot Size (sq. ft)
4,792 SF
Units
2

Highlights

  • Fantastic Location
  • Huge Development Potential
  • Value Investment

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