3238 15th Avenue W, Seattle, WA 98119

$1,650,000
4,410
SqFt
List Price
$1,650,000
Status
ACTIVE
Days on Market
3
MLS#
2250173
Subtype
Residential Income
Style
55 - 5-9 Units
Year Built
1967
Living Area
4,410
Lot Size
5,650
Acres
0.13
Subdivision
Queen Anne
Neighborhood
Queen Anne
MLS Area Major
Queen Anne/Magnolia

Property Description

DravusApartments, a six-unit apartment building in West Queen Anne. Centrally positioned between Ballard, Fremont, South Lake Union and Downtown Seattle. The property features an attractive unit mix consisting of two 1-bedroom, four 2-bedrooms, and featuring a spacious average of 735sf. The building also boasts personal deck space, and an abundance of parking with 11 total spots both above and below the building. By updating the units and modernizing the systems and amenities, investors are poised to realize a near 39% potential rental upside. DravusApartments makes an excellent investment for investors who are looking to secure a prime location and maximize their returns through a strategic value-add play.

Additional Information

Amenities
Coin Op Laundry, See Remarks, Storage
Interior Features
Wall to Wall Carpet, Laminate Hardwood
Exterior Features
See Remarks
Property Description
55 - 5-9 Units
Flooring
Laminate, Carpet
Heating
Baseboard
Air Conditioning
None
Roof
See Remarks
School District
Seattle
Elementary School
Seattle Public Sch
Middle School
Mc Clure Mid
High School
Lincoln High

Listing courtesy of Listing Agent: Christopher Larsen () from Listing Office: Lee & Associates Commercial RE.

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