Description
Great investment opportunity in Rainier Beach with stunning Lake Washington views! This 4590sf cash flowing 7-unit building with laundry has up to 10 parking spaces and sits on a .11 acre lot. Currently Zoned NC155(M). Units: Four 2-bed/1-bath and Three -1 bed/1 bath, all rented. Location can't be beat - Close to Parkshore Marina, restaurants and cafes, retail, schools, parks and public transit. Countless options with this prime location: 1. Enhancing the aesthetics of the building & increase rents 2. Large open space behind property perfect for future development / redevelopment 3. Continue to maintain the property as-is and collect consistent income.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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4,590SQFT
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$490$/SQFT
School Information
Listing information ©2023 Northwest MLS. Listing courtesy of Century 21 Northwest.
Sold by .Description
Great investment opportunity in Rainier Beach with stunning Lake Washington views! This 4590sf cash flowing 7-unit building with laundry has up to 10 parking spaces and sits on a .11 acre lot. Currently Zoned NC155(M). Units: Four 2-bed/1-bath and Three -1 bed/1 bath, all rented. Location can't be beat - Close to Parkshore Marina, restaurants and cafes, retail, schools, parks and public transit. Countless options with this prime location: 1. Enhancing the aesthetics of the building & increase rents 2. Large open space behind property perfect for future development / redevelopment 3. Continue to maintain the property as-is and collect consistent income.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tribeca NW Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2023-03-20T21:14:24.21. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market". Based on information submitted to the MLS GRID as of 2023-03-20T21:14:24.21. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.