3422 21st Avenue W, Seattle
$2,000,000
6 Beds | Multi-Family Property | 6,835 Sq. Ft.
Enjoy cashflow and stability while planning your future development upside! Current financials of this building are on par with comparable properties but the differentiating quality of this opportunity is found in the extraordinary upside. 6-unitbuilding with additional single family home sits on a 7,650 square foot, street-to-street lot with 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); and3) align rents with market-rate. Loads of off-street parking. Close commute for numerous high-income jobs.
