Seattle, WA 98199,2600 2634 Thorndyke AVE W
Seattle, WA 98199,2600 2634 Thorndyke AVE W
Seattle, WA 98199,2600 2634 Thorndyke AVE W
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Listed by Paragon Real Estate Advisors
$9,250,000
Est. payment /mo
44 Beds
41 Baths
25,724 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 25,724 sqft

Price per Sqft $359

Subdivision Magnolia

MLS Listing ID 2446245

Style 56 - 10+ Units

Bedrooms 44

Year Built 1947

Annual Tax Amount $87,742

Lot Size 1.113 Acres

Property Sub-Type Multi Family

Property Description

Opportunities are Abundant! The Magnolia Portfolio offers a new investor the ability to acquire a 5 building assemblage suitable for a value add opportunity located in a core Seattle area. The current arrangement offers 41 residential units plus 2 commercial spaces and a single family house. All together the assemblage represents 48,462 square feet of LR3 (M) zoned dirt. The property is suitable for immediate development as multiple asset types depending on need allowing a new owner to operate the assets "as is" while navigating the permit process to maintain cash flow.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Wood Products

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

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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Northwest MLS (NWMLS)

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2600 2634 Thorndyke AVE W

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