2620 E Cherry St | Seattle, WA 98122
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- LoopNet Team
2620 E Cherry St
Seattle, WA 98122
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- 4,414 Sq. Ft. corner lot Zoned NC155 (M)
- Well Positioned for Strategic Upgrades
- Strong Demand for One Bedroom Units
- Land Bank Possibility + Cash flowing Value Add Option
- First Time on the Market Since 1985
- Walk Score of 86 = Very Walkable
PROPERTY FACTS
| No. Units | 8 | Building Size | 5,548 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1963/2018 |
| Building Class | C | Parking Ratio | 0.36/1,000 SF |
| Lot Size | 0.10 AC | ||
| Zoning | NC140 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 5,548 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2018 |
| Parking Ratio | 0.36/1,000 SF |
| Zoning | NC140 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 550 |
PROPERTY TAXES
| Parcel Number | 796010-0355 | Improvements Assessment | $244,500 |
| Land Assessment | $1,434,500 | Total Assessment | $1,679,000 |
PROPERTY TAXES
Parcel Number
796010-0355
Land Assessment
$1,434,500
Improvements Assessment
$244,500
Total Assessment
$1,679,000
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