Central District 3 (Status: Pending)
302, 25th Ave, Seattle, WA 98144
The Central District 3 Unit offers a unique opportunity to purchase an investment property in the heart of a transforming Central District. The property is a turnkey single-family house and duplex investment generating a 7.31% return with upside potential in adding another unit. The duplex was built in 1996 and at the same time the single-family home was fully renovated with the second-floor dormer added in the same period. Updates include new double pane vinyl windows, new wiring and copper plumbing.
The property is located just a block to the Northeast of two large development sites creating 50,000 square feet of retail space. As a result, tenants will enjoy the proximity to an abundance of amenities and are also within two miles of the downtown stadiums and three miles of the CBD.
Asset Class: Multi-Family
Year Built: 1901
Building Total Square Feet: 3240
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information: LR-2
Listing Courtesy of: Paragon Real Estate Advisors
Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. DBA North Sound Commercial and should be verified by the buyer.
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