Provided by NWMLS, Listed by Kidder Mathews
Active
7023 16th Avenue
Seattle WA, 98106
$1,500,000
$454.55 per sqft
Active
3,300 sqft
Multi-family
Built in 2013
9 Bedroom Rooming house within walking distance of South Seattle College. This remodeled 9 unit rooming house has 8 individual rooms with a 1bedroom 1 bath. All units have their own individual bathroom and share a common kitchen & laundry. Walking distance to South Seattle College makes this an ideal location. Each unit has enough space to comfortably fit a bed, fridge, tv, desk, and more. Market cap rate is a 6.4%. Building is completely vacant allowing an investor to pick their own tenants. Location is only 13 minutes from downtown, minutes from the Junction and only 10 minutes away from Alki beach. This is great investment in a growing neighborhood! Matterport link available for tours.
2219545
MLSⓇ ID
April 5, 2024
Listed
May 9, 2024
Updated
Map
7023 16th Avenue
Seattle WA, 98106
Interior Features
Total Stories
2
Interior Features
Laminate Hardwood, Wall to Wall Carpet
Floor Description
Laminate, Carpet
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.12 Acres
Exterior Features
Wood Products
Lot Features
Secluded, Sidewalk
Roof
Composition
Sewer
Sewer Connected
School Information
School District
Seattle
Other Property Details
Area Name
140 - West Seattle
Taxes
$6,940
Tax Frequency
Annually
Garage
No
Parking Total
4
View
Yes
View Description
Mountain(s), Territorial
County
King
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 6:00 PM UTC