$1,650,000
Pending

3238 15th Avenue W

Seattle, WA 98119
4410 sqft | 0.13 acres | #2250173
Listing OfficeLee & Associates Commercial RE
Browse 11 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

DravusApartments, a six-unit apartment building in West Queen Anne. Centrally positioned between Ballard, Fremont, South Lake Union and Downtown Seattle. The property features an attractive unit mix consisting of two 1-bedroom, four 2-bedrooms, and featuring a spacious average of 735sf. The building also boasts personal deck space, and an abundance of parking with 11 total spots both above and below the building. By updating the units and modernizing the systems and amenities, investors are poised to realize a near 39% potential rental upside. DravusApartments makes an excellent investment for investors who are looking to secure a prime location and maximize their returns through a strategic value-add play.

  • Property Details
      • InteriorLaminate Hardwood, Wall to Wall Carpet
      • Elementary SchoolSeattle Public Sch
      • Exterior FeaturesFenced-Partially
      • Sewer InformationSewer Connected
      • Style55 - 5-9 Units
      • Date ListedJune 10, 2024
      • Property TypeMulti-Family
      • Middle SchoolMc Clure Mid
      • High SchoolLincoln High
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Exterior MaterialsSee Remarks
      • SubdivisionQueen Anne
      • Original List Price$1,650,000
      • Utility SourceCommunity
      • Lot DescriptionSidewalk
      • School DistrictSeattle
      • Taxes Annual$17,092
      • MLS #2250173
      • Cost1650000
      • MLS #2250173
      • Acres0.1297
      • Square Feet4410
      • Year Built1967
      • CountyKing
      • Days on Market (Cumulative)108
      • Stories3
Brad Wakeman
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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