408 N 61st St
Seattle, WA 98103
Marcia Apartments · Multifamily Property For Sale
·
8 Units
Property Facts
| No. Units | 8 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 5,150 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1957 |
| Building Class | C | Parking Ratio | 0.97/1,000 SF |
| Zoning | NC2-40 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,150 SF |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | NC2-40 |
About 408 N 61ST ST , SEATTLE, WA 98103
Ideally located in the charming Phinney Ridge neighborhood just north of Fremont, the Marcia is perfectly positioned to capitalize on the booming economic growth of nearby South Lake Union and Downtown Seattle. The Marcia's attractive mix of 1 and 2 bedroom units with immediate income upside make for a rare investment opportunity in one of the most profitable multi-family markets in the country. Phinney Ridge is a charming neighborhood located a few miles north of Downtown Seattle. Directly north of the Fremont and Wallingford neighborhoods,Phinney Ridge is at the crest of the hill which separates Greenlake to the east,Ballard to the west, and Greenwood to the north. Phinney Ridge's beautiful craftsman homes, boutique shops, coffee houses, and lively restaurant and pub scene have made the neighborhood a hot spot for young professionals seeking a hip neighborhood close to downtown.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 550 |
| 2+1 | 3 | - | 800 |
Property Taxes
| Parcel Number | 952310-3640 | Improvements Assessment | $639,000 |
| Land Assessment | $1,275,000 | Total Assessment | $1,914,000 |
Property Taxes
