508 Ne 71st Street, Seattle, WA

$1,950,000

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4,419

Square feet

0.09

Acres

About 508 Ne 71st Street

Introducing a prime multi-family investment opportunity in one of Seattle's most desirable areas. This property encompasses a 3,336 SF building featuring 5 well-maintained units, providing a strong foundation for substantial rental income. Built in 1971, this low-rise gem is strategically zoned LR3(M), offering potential for future development and growth. Enjoy the assurance of immediate returns with a 100% occupancy rate, making this an attractive prospect for a seasoned investor. Situated in the desirable Green Lake area, this property presents an excellent chance to capitalize on the enduring demand for multifamily residences in this bustling market. Don't miss the chance to add this high-performance asset to your portfolio.

Features of 508 Ne 71st Street

MLS® # 2413752
List Price $1,950,000
Sale Price $1,920,000
Price Per SqFt $434
Bathrooms 0.00
Square Footage 4,419
Acres 0.09
Year Built 1971
Type Income
Sub-Type Multi Family
Status Sold

Community Information

Address 508 Ne 71st Street
Area 705 - Ballard/Greenlake
Subdivision Green Lake
City Seattle
County King
State WA
Zip Code 98115

Amenities

Parking Spaces 5
Is Waterfront No

Interior

Fireplace No
# of Stories 2

Exterior

Exterior Features Stucco

School Information

District Seattle

Additional Information

Days on Market 38
Cumulative Days on Market 38
Days on Website 14
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Map

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