2821 Thorndyke Avenue W, Seattle, WA 98199

$2,750,000
5,466
SqFt

Listing courtesy of Keller Williams Downtown Sea.

List Price
$2,750,000
Status
ACTIVE
MLS#
1734885
Days on Market
179
Finished SqFt
5,466
Lot Size (sq ft)
4,170

Property Description

Investor Alert - Opportunity to acquire a solid fully leased mixed use building featuring 4 residential units and 2 street level commercial units. LR3 zoning. Stellar Magnolia/Interbay location with a bold street presence just north of Downtown Seattle and future city growth. Prime location near shopping, restaurants, transit access, biking paths & parks. Strong rental history where vacancies are a rarity. Many updates to the building's systems and maintenance throughout ownership. 56' of commercial street frontage with large windows on main street. Monthly income of $13,334. Cap Rate:4.85% Lot size: 4,170 sq. ft. Abundant street parking.

Additional Information

Community
Magnolia
Style
15 - Multi Level
Year Built
1953
Parking Type
Off Street
View
Territorial
Roof
Built-Up, Composition, Flat
Site Features
Deck, Gas Available
Tax Year
2020
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Cash Out, Conventional
Interior Features
Concrete
Driving Directions
Undisclosed. Please contact listing agent for location.
Appliance
Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks