2232 Franklin Avenue E in Seattle
| Listing ID: | 2160623 (Multi-Family) |
|---|---|
| Listing Price: | $3,450,000 |
| Days on Market: | 202 |
Details | |
| Bed / Bath: | 0.00 / 0.00 |
| Lot Size: | 0.15 acre (6,600 sqft) |
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.
This listing is provided courtesy of NWMLS, contributed by Sea to Sky Realty.
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