Provided by NWMLS, Listed by Sea to Sky Realty
Active
2232 Franklin Avenue E
Seattle WA, 98102
$3,450,000
$555.02 per sqft
Active
6,216 sqft
Multi-family
Built in 1963
Sea to Sky Realty is excited to present the Vista View apartment complex located in the vibrant East Lake neighborhood. With well below market rents, the new owner can immediately realize a rental income increase by up to 25% without any extra work. The zoning allows townhomes to be built on the parking space without affecting the existing apartment building. Seller financing is available. The investor also has the option to acquire the adjacent property, Lorraine (#290220-0695, MLS #2155299) which is under the same ownership, together. The combined lot size of 13,200sf in such a highly-coveted urban residential neighborhood creates a rare opportunity for developers to build either apartment buildings or townhomes.
2160623
MLSⓇ ID
October 11, 2023
Listed
May 14, 2024
Updated
Map
2232 Franklin Avenue E
Seattle WA, 98102
Interior Features
Total Stories
3
Interior Features
Laminate
Floor Description
Laminate, Vinyl
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard
Exterior/Building Features
Lot Size
0.15 Acres
Exterior Features
Wood
Roof
Composition
Sewer
Available
School Information
School District
Seattle
Other Property Details
Area Name
390 - Central Seattle
Taxes
$25,479
Tax Frequency
Annually
Garage
No
Parking Total
6
View
No
County
King
Water Source
Public
Pool
No
Buyer Agency Compensation
2%
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/15/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/15/2024 at 7:00 PM UTC