2229 42nd Ave SW
Seattle, WA 98116
Arctic Manor · Multifamily Property For Sale
·
15 Units
Investment Highlights
- Well Maintained Building with Many Recent Updates
- Just a Few Blocks from Metropolitan Market, Starbucks and Historic Admiral Theater
- Turn Key Investment First Time on Market in 43 Years
- Fronts on Quiet Residential Street Across from Library
- Convenient to Bus Lines and Passenger Ferry to Downtown
Property Facts
| No. Units | 15 | Building Size | 14,616 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | LR3 (M) - 011 - Apartment | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 14,616 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | LR3 (M) - 011 - Apartment |
Amenities
Unit Amenities
- Dishwasher
- Fireplace
- Refrigerator
- Range
- Deck
- Double Pane Windows
Site Amenities
- Controlled Access
- Laundry Facilities
- Storage Space
- Bicycle Storage
About 2229 42ND AVE SW , SEATTLE, WA 98116
Arctic Manor Apartment is a 15 unit, 3 level brick building on a quiet street in the very desirable North Admiral area of West Seattle. One block from the business district, restaurants etc. on California Ave SW. Great commuter location close to bus lines and easy access to passenger only ferry to downtown. Most of the units have updated bathrooms, kitchen countertops and flooring. Windows and sliding glass doors have all been updated to vinyl framed. Electrical panels were all recently replaced. New sewer line. Top quality PVC Membrane roof. Assigned parking space for each unit, 6 covered and 9 uncovered. Storage and bike storage areas for tenants. This well maintained building is a turn-key investment opportunity that has not been on the market in 43 years.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
| 1+1 | 10 | - | - |
Property Taxes
| Parcel Number | 011700-0320 | Improvements Assessment | $2,006,300 |
| Land Assessment | $1,532,700 | Total Assessment | $3,539,000 |
Property Taxes
