3422 21st Avenue W Seattle, WA 98199
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.
- Property TypeMulti-Family
- NeighborhoodMagnolia
- CountyKing
- Taxes$18,621
- HOA/Condo/Coop Fees$0
- Days on Site15 Days
- MLS StatusActive
- MLS ID Number2233647
- Home Size Source Tax Records
- Year Built1968
- Lot Size0.1756 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 10
- Number of Stories 3
- Acreage 0.1756
- Water Public
- Property Sub Type Multi Family
- Sewer Sewer Connected
- Parking Total 10
Interior Features
- Cooling None
- Heating Wall Unit(s)
- Flooring VinylCarpet
- Interior Wall to Wall Carpet
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof See Remarks
- View Territorial
- Waterfront Property No
- Exterior Metal/ VinylMetal/Vinyl
Community Features
- Association Dues 0
- Senior Community No
- MLS Area 700 - Queen Anne/Magnolia