$6,520,000
Pending

4722 - 4730 15th Avenue NE

Seattle, WA 98105
Listing OfficePRO RLTYSRVCS Eastside
Browse 9 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Scarcity determines value! An exceptionally rare chance to acquire prime property & a fully designed top-level apartment project at U District, adjacent to UW. The Rhythm Apartments project, with 3 neighboring parcels, has secured the MUP and is finalizing building permit. This meticulously planned project features a 7-story building with highly valuable commercial space on the 1st floor and 127 units from 2nd-7th floors, totaling 45,926 sqft & average unit size of 362 sqft. The project promises optimal investment returns in a short time, making it a dream opportunity. The design also includes underground parking space. Just a block from the UW central campus, proximity to shopping, entertainment, and restaurants in the bustling U District.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • SubdivisionUniversity District
      • Style42 - Multi-Family
      • High SchoolRoosevelt High
      • Middle SchoolEckstein Mid
      • Structure TypeMulti Family
      • Date ListedMay 18, 2024
      • Elementary SchoolLaurelhurst
      • Original List Price$8,500,000
      • Sewer InformationAvailable
      • Utility SourceAvailable
      • Property TypePurchase
      • School DistrictSeattle
      • Taxes Annual$46,368
      • MLS #2240011
      • Cost6520000
      • MLS #2240011
      • Acres0.2975
      • CountyKing
      • Property SubtypeLand
      • Days on Market (Cumulative)218
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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