WA > Seattle > Crown Hill
Seattle, WA 98117,8356 16th AVE NW
Seattle, WA 98117,8356 16th AVE NW
Seattle, WA 98117,8356 16th AVE NW
Seattle, WA 98117,8356 16th AVE NW
Seattle, WA 98117,8356 16th AVE NW
Seattle, WA 98117,8356 16th AVE NW
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Manesh Lakhani

Manesh Lakhani

+1(425) 623-3958
Listed by Westlake Associates, Inc.
$ 4,600,000
Est. payment | /mo

26 Beds

26 Baths

23,381 SqFt

Save
$ 4,600,000
Est. payment | /mo
Save

26 Beds

26 Baths

23,381 SqFt

Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,381 sqft

Price per Sqft $196

Subdivision Crown Hill

MLS Listing ID 2440232

Style 56 - 10+ Units

Bedrooms 26

Year Built 2001

Annual Tax Amount $34,067

Lot Size 10,430 Sqft

Property Sub-Type Multi Family

Property Description

Crown Hill 13 is on the market for the first time since its 2001 construction. This 13-unit, well-built apartment community sits at the border of Loyal Heights and Crown Hill, near shops, dining, and entertainment along the Crown Hill corridor. Secure entry with elevator, garage parking plus large storage lockers. 7 of 13 units have been upgraded. 6 units provide value-add with potential for turnover. It's close to Golden Gardens Park, Ballard Avenue, and just seven miles from South Lake Union and Downtown Seattle. With a 5.5% in-place cap rate, large floor plans, quality construction, and room for rent growth and renovations, this is a rare chance to own a strong income-producing property in one of Seattle's top rental markets.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Flooring Laminate, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Deck, Gated Entry

View Y/N No

Roof Type Composition

Building

Lot Description Corner Lot, Curbs, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Manesh Lakhani

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(425) 623-3958

manesh@lakhaniteamre.com

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8356 16th AVE NW