1321 4th Ave W, Seattle, WA 98119
A pride of ownership 10-unit building nestled on the top of Queen Anne hill. Built in 1909, a mix of vintage appeal w/ modern kitchen & bath appointments. Nine large 1BRs w/ formal den & one 2BR. Apprx $250,000 in recent cap ex: new appliances, refinished flooring, new roof, sewer line replacement, wtr heaters & common area carpets. Upgrades: electrical, fencing, drainage, patio, siding repairs & paint. Current two bedroom configuration shows a possible pathway to reconfigure existing 1-bedroom units into 2-bedroom units, capturing addt’l rental upside. First time to market in 25 years, The Maywood offers investors an opportunity to own 10 stabilized units on the top of Queen Anne with potential to capture additional revenue over time.
Broker: Dea Sumantri
Office: Lee & Associates Commercial RE
Property Details
SOLD: $3,400,000
Address: 1321 4th Ave W
City: Seattle
State: WA
Zip: 98119
MLS#: 1859561
Baths: n/a
Square Feet: 7,830
Garage: n/a
Year Built: 1909
Status: Sold