Bought with ZNonMember-Office-MLS
$4,128,960
$4,000,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
9,420 SqFt
SOLD DATE : 07/07/2022
Key Details
Sold Price $4,128,960
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,420 sqft
Price per Sqft $438
Subdivision Fremont
MLS Listing ID 1926826
Sold Date 07/07/22
Style 56 - 10+ Units
Year Built 1977
Annual Tax Amount $36,199
Lot Size 10,000 Sqft
Property Description
On market for the 1st time by original developer & current operator, Linden Apartments offers investors a rare opportunity to acquire a high-quality asset w/immediate income upside & value-add potential. Built in 1977, consists of 4 ground level studios averaging 480 SF & 10 large one-bedroom units averaging 750 SF. Units have been updated over the years with new carpet, ?ooring, paint, and appliances as needed. With exception of a high-end renovation underway on a one-bedroom unit, most kitchens and bathrooms have original cabinetry & countertops. Common areas include a rooftop deck with stunning views of Lake Union & city skyline, a laundry room with coin operated machines & an adjacent storage room with individual lockers for each unit.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl, Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Wood
Utilities Available Electric
Waterfront No
View Y/N No
Roof Type Flat
Building
Lot Description Corner Lot, Curbs, Paved, Sidewalk
Sewer Available
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out
Listing Terms Cash Out
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