127 N Olympic Ave, Arlington, WA 98223
ATTENTION Multi-Family, Investors and Commercial Business Owners & Retail Investors. Here is a golden opportunity for a fully permitted build-out of 5 apartment units & 2-3 retail spaces. This is over 5500+ sqft with the added sqft build-out and projected ARV of $1.3M+ which is only $235 per sqft for prime Real Estate in DT! Permits have all been approved & conceptual design will make it one of the best buildings in DT Arlington. Currently 2 tenants retail & resident that will not affect renovation. The demo is done & cleaned up ready for you to start the renovation. Projected CAP Rate brings you to almost to 9% & collect income while building out this amazing property. Cash or hard money closing must be done by 3/30/21
Broker: Kevin Zellmer (103383)
Office: Realty One Group Enterprise
Property Details
SOLD: $620,000
Address: 127 N Olympic Ave
City: Arlington
State: WA
Zip: 98223
MLS#: 1633311
Baths: n/a
Square Feet: n/a
Garage: n/a
Year Built: n/a
Status: Sold