3422 21st Avenue W, Seattle, WA 98199 (MLS # 2233647)
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Listing provided courtesy of Northwest MLS; Realogics Sotheby's Int'l Rlty
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Enjoy cashflow & stability while planning future development upside! Current financials of this building are above average for comps but the differentiating quality of this opportunity is found in the extraordinary upside. 6-unit building (five are 2bedrooms) w/ addtl SFH (2bds/1ba) sits on a 7,650 sqft street-to-street lot w/ coveted LR-3 zoning. Three viable upside options: 1) add rental units or build/sell townhomes where SFH currently sits; 2) expand existing units into under-utilized interior space (there are two large interior staircases, one could be repurposed to pick up an entire bedroom on three units); and 3) align rents with market-rate. Loads of off-street parking. Close commute to high-income jobs + Whole Foods & Trader Joe's.
| DAYS ON MARKET | 13 | LAST UPDATED | 5/16/2024 |
|---|---|---|---|
| TRACT | Magnolia | YEAR BUILT | 1968 |
| COMMUNITY | Magnolia | COUNTY | King |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Seattle |
|---|---|
| Elementary School | Magnolia Elementary |
| Jr. High School | Mc Clure Mid |
| High School | Ballard High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 700 - Queen Anne/Magnolia |
| BUYER'S BROKERAGE COMPENSATION | 2.5 |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Electric |
| INTERIOR | Wall to Wall Carpet |
| LOT | 7649 sq ft |
| STORIES | 3 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Magnolia |
| TAXES | 18621 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Territorial |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/19/24 1:47 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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