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Listed by Northmarq Multifamily, LLC
$4,995,000
Est. payment /mo
27 Beds
19 Baths
40,033 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 40,033 sqft
Price per Sqft $124
Subdivision Seattle
MLS Listing ID 2373220
Style 56 - 10+ Units
Bedrooms 27
Year Built 2018
Annual Tax Amount $44,485
Lot Size 0.919 Acres
Property Sub-Type Multi Family
Property Description
We are pleased to present Rainier View Homes, an 11-home multifamily community. Built in 2018, this unique investment opportunity features a collection of well-maintained 2 & 3 bedroom cottages, averaging 1,314 SF. Each home offers high-quality finishes including engineered wood flooring, quartz CT and stainless-steel appliances, W/D, A/C, ample storage, tall vaulted ceilings, large windows, and spacious patios. Positioned on individual parcels, each home can be sold separately, providing investors with exit flexibility and condo resale potential. Similar homes in the area have sold individually for approximately $625,000 or $425/SF, presenting a clear value gap and upside. Offered at $455,000/home & $346/SF.
Location
State WA
County King
Area 360 - Skyway Area
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood
Amenities Available Fenced-Partially, Patio, Sprinkler System
View Y/N No
Roof Type Built-Up
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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"Three Trees" icon indicates a listing provided courtesy of NWMLS.
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