$6,500,000
2629 2633 14th Avenue W, Seattle, WA 98119
23,900 Sq Ft
2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119
2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119 2629 2633 14th Avenue W, Seattle, WA 98119

MLS #2526962 / Listing provided by NWMLS & Paragon Real Estate Advisors.

$6,500,000

2629 2633 14th Avenue W
Seattle, WA 98119

Active 18 hours ago
23,900
Sq Ft
$272
Per Sq Ft
1963
Year Built

31-unit multifamily community situated in Seattle’s desirable Interbay/ Queen Anne area. Golfcrest offers investors meaningful renovation value-add upside, and seller financing is available for qualified buyers. The proposed seller financing terms are 5% interest-only rate, 25% down payment and a 5-year term. The property is comprised of a diversified unit mix that includes studio, one-bedroom, two-bedroom, and a Penthouse unit, making it well positioned to serve a broad tenant base in one of Seattle’s most supply constrained submarkets. Roughly 50% of the units have had the flooring replaced with LVP floors. Replacing the remainder of the flooring and improving the kitchens and bathrooms will result in a significant increase in rent. The property has been owned by the same family for the last 31 years. Ownership has spent over $225K in capital improvements over the last couple of years. These improvements reduce near-term capital expenditure risk while preserving the opportunity for an incoming investor to execute a targeted unit renovation program and capture meaningful rental upside.

Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.

Interior Features

Bedrooms

  • Upper Level Bedrooms: 0

Fireplaces

  • Total Fireplaces: 0

Heating & Cooling

  • Heating: Yes
  • Cooling: No
Exterior Features

Parking

  • Garage Spaces: 0
  • Parking Total: 23
  • Total Uncovered Parking Spaces: 23

Structure

  • Roof: Flat
  • Exterior Features: Cement/Concrete, Stone, Wood, Wood Products
  • Foundation: Poured Concrete

Lot Details

  • Acres: 0.551
  • Foundation: Poured Concrete
Area Features

Schools

  • High School District: Seattle

Lot Details

  • Acres: 0.551
  • Foundation: Poured Concrete
Utilities

Power

  • Energy Source: Electric, Natural Gas

Water, Sewer, and Garbage

  • Sewer: Sewer Connected
  • Water Source: Public
  • Water, Sewer, and Garbage: 45420
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