608 Emerson St Seattle, WA 98119
Property Features for 608 Emerson St
General Information
- Size
- 7,650 SF
Building Details
- Year built
- 1975
Source:
Corcoran
Listing Agent: Steve Fischer
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Queen Anne Multifamily Investment Opportunity
This multifamily property, located on W Emerson St in North Queen Anne, is within walking distance of Seattle Pacific University. The property is being delivered 100% vacant, presenting an opportunity to renovate all 10 units. The building features a mix of 2-bedroom and 3-bedroom units, totaling 7,650 net rentable square feet. The property includes a laundry facility, balconies with views, 9 parking spaces, mature landscaping, and storage space. All units were renovated in 2016, including updated kitchens.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.3653418
- Latitude
- 47.6512175
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Vacant 10-unit property in prime Queen Anne location.
Where is this apartment building located?
The property is located at 608 Emerson St Seattle, WA.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: - Attractive Price: Stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M.; - Property Delivered Vacant: Excellent opportunity to renovate all 10 units and achieve higher rents.; - Prime Queen Anne Location: Located in North Queen Anne, walking distance from Seattle Pacific University.