3615-3621 NE 73rd Pl
Seattle, WA 98115
Emerald Vista · Multifamily Property For Sale
·
12 Units
Property Facts
| No. Units | 12 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 9,776 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1960 |
| Building Class | C | Parking Ratio | 1.13/1,000 SF |
| Zoning | LR2, Seattle | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 9,776 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.13/1,000 SF |
| Zoning | LR2, Seattle |
Amenities
Unit Amenities
- Storage Space
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Double Pane Windows
- Patio
Site Amenities
- Laundry Facilities
About 3615-3621 NE 73RD PL , SEATTLE, WA 98115
Located 2 miles from the UW, walking distance to retail and transit, and easy commute to major employers. The 2-bed units include extra 1/2 baths and private patios (3615 only). Property features marble-crete exteriors with brick facade accents, dual pane windows, new roofs, low maintenance landscaping, 11 off-street parking spaces, 12 storage lockers, 2 laundry rooms, and a common lawn area. +/- 15% rent increase possibility with renovation to add hard-surface flooring, new countertops/cabinets, and potentially adding washer/dryers to the 1 and 2-bed units. Additionally, the 15,660-SF, LR2-zoned lot creates an opportunity to redevelop the property now or in the future. The site will allow 10 to 12 townhouse units or 30 to 40 apartment units, so long as the parking ratio of 1 stall for each residential unit is met (buyer to verify). During the planning and permitting process, the current apartment property will provide a steady revenue stream.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,023 | 450 |
| 1+1 | 2 | $1,225 | 650 |
| 2+2 | 8 | $1,485 | 850 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,000 | |
| Land Assessment | $3,445,200 | Total Assessment | $3,447,200 |
Property Taxes
