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652 NW 85th St 2 Unit Apartment Building $950,000 ($475,000/Unit) Seattle, WA 98117
EXECUTIVE SUMMARY
Opportunity for Crown Hill Urban Village Multi-Family property (former law office) zoned NC1-55(M)! Hold as fully leased income property then develop mixed use project: apartments, coop or condo w/ ground level comm (retail, office, medical) up to 16 units - Square Footage up to 41,000 and Traffic Count 18,800 - 20,000. Flexible to owner-occupy w/ residential lending. Surrounding density is growing with new NR zoning. Current rents total $4,800 (near 5% Cap) Don't miss your opportunity to own this fantastic investment opportunity and be in the heart of Crown Hill-Ballard-Greenwood. Okay to street appraise exterior. Interior tour with signed PSA.
PROPERTY FACTS
| Price | $950,000 | Apartment Style | Low-Rise |
| Price Per Unit | $475,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Sale Condition | Redevelopment Project | Construction Status | Proposed |
| No. Units | 2 | Building Size | 3,096 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1919 |
| Price | $950,000 |
| Price Per Unit | $475,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Construction Status | Proposed |
| Building Size | 3,096 SF |
| No. Stories | 2 |
| Year Built | 1919 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 4+2 | 2 | - | - |
1 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (83)
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VIDEOS
MATTERPORT 3D EXTERIOR
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652 NW 85th St
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