114 24th Ave E
Seattle, WA 98112
Madison View · Multifamily Property For Sale
·
56 Units
Property Facts
| No. Units | 56 | Lot Size | 0.33 AC |
| Property Type | Multifamily | Building Size | 27,076 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1910/2018 |
| Building Class | C | Parking Ratio | 0.3/1,000 SF |
| Zoning | LR2, Seattle | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 27,076 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2018 |
| Parking Ratio | 0.3/1,000 SF |
| Zoning | LR2, Seattle |
Amenities
Unit Amenities
- Dishwasher
- Microwave
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Laundry Facilities
- Picnic Area
- Grill
- Recycling
- Renters Insurance Program
- Maintenance on site
- Online Services
- Public Transportation
About 114 24TH AVE E , SEATTLE, WA 98112
Gramercy Flats has experienced a renaissance after the current owner spent more than $2.5M on extensive upgrades and renovations.Thoughtful design has transformed the exterior and common spaces of the building, creating curbside appeal with character you won't find in new construction. Located 10 minutes east of Downtown Seattle, the property checks off all the boxes for centrality, connectivity, and neighborhood amenities. Originally planned for a long term hold, Gramercy Flats is just now capturing the upside of the recently completed major renovation: Gross income has been trending up and is 8% higher than 6 months ago, with many leases still below market. For more information on this prime Seattle asset, visit https://www.buygramercyflats.com
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 27 | $1,263 | 275 - 450 |
| 1+1 | 29 | $1,788 | 486 - 699 |
Property Taxes
| Parcel Number | 982870-2540 | Improvements Assessment | $8,403,000 |
| Land Assessment | $3,960,000 | Total Assessment | $12,363,000 |
Property Taxes
