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2629 2633 14th AVE W, Seattle, WA 98119
2629 2633 14th AVE W, Seattle, WA 98119
2629 2633 14th AVE W, Seattle, WA 98119
18
See all 18 photos
Listed by:Paragon Real Estate Advisors • Ben Douglas • Michael Urquhart
$6,000,000
Est. payment /mo
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36 Beds
37 Baths
23,900 SqFt
Pending

2629 2633 14th AVE W Seattle, WA 98119

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Henry Jamerson

Henry Jamerson

+1(206) 839-6096

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 23,900 sqft

Price per Sqft $251

Subdivision Interbay

MLS Listing ID 2526962

Style 56 - 10+ Units

Bedrooms 36

Year Built 1963

Annual Tax Amount $85,355

Lot Size 0.551 Acres

Property Sub-Type Multi Family

Property Description

31-unit multifamily community situated in Seattle's desirable Interbay/ Queen Anne area. Golfcrest offers investors meaningful renovation value-add upside, and seller financing is available for qualified buyers. The proposed seller financing terms are 5% interest-only rate, 25% down payment and a 5-year term. The property is comprised of a diversified unit mix that includes studio, one-bedroom, two-bedroom, and a Penthouse unit, making it well positioned to serve a broad tenant base in one of Seattle's most supply constrained submarkets. Roughly 50% of the units have had the flooring replaced with LVP floors. Replacing the remainder of the flooring and improving the kitchens and bathrooms will result in a significant increase in rent. The property has been owned by the same family for the last 31 years. Ownership has spent over $225K in capital improvements over the last couple of years. These improvements reduce near-term capital expenditure risk while preserving the opportunity for an incoming investor to execute a targeted unit renovation program and capture meaningful rental upside.

Location

State WA

County King

Area 700 - Queen Anne/Magnolia

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Stone, Wood, Wood Products

View Y/N No

Roof Type Flat

Building

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Local Media
Education
Pets

  • Marine Resources Company International

    192 Nickerson St, Seattle, WA 98109

    Seafood Phone: 206-285-6424

  • Yasuko’s Teriyaki

    3200 15th Ave W, Seattle, WA 98119

    Japanese Phone: 206-283-0116

  • Thai Fusion

    15 Nickerson St, Seattle, WA 98109

    Lounges Phone: 206-285-1020

  • Nickerson Street Saloon

    318 Nickerson St, Seattle, WA 98109

    Sports Bars Phone: 206-284-8819

  • Sng (USA)

    3600 15th Avenue W, Seattle, WA 98119

    Seafood Phone: 206-285-2326

  • Ponti Seafood Grill

    3014 3rd Ave N, Seattle, WA 98109

    Seafood Phone: 206-284-3000

  • North Pacific Seafoods.

    4 Nickerson Street, Seattle, WA 98109

    Seafood Markets Phone: 206-726-9900

  • Interocean Seafood Company

    3918 15th Place W, Seattle, WA 98119

    Seafood Phone: 206-352-8686

  • Eat Thai Cuisine

    101 Nickerson St, Seattle, WA 98109

    Thai Phone: 206-965-9889

  • Einstein Bros Bagels

    315 W Bertona St, Seattle, WA 98119

    Bagels Phone: 206-281-2129

  • LA Palma Mexican Restaurant

    3456 15th Ave W, Seattle, WA 98119

    Mexican Phone: 206-284-1001

  • Zeeks Pizza

    41 Dravus St, Seattle, WA 98109

    Pizza Phone: 206-285-8646

  • The Gulf

    Seattle, WA 98108

    Mexican Phone: 509-989-1401

  • Sandella’s Flatbread Cafe

    3310 3rd Ave W, Seattle, WA 98119

    Sandwiches Phone: 206-378-5371

Educational Environment

Elementary Schools (2)Middle Schools (1)
Name
Category
Grades
Library
Ratio
9/10
Frantz Coe Elementary School
2424 7th Ave W, Seattle, WA 98119
Public
KG - 5
No
STUDENTS/TEACHERS
0/10
Seattle Country Day School
2619 4th Ave N, Seattle, WA 98109
Private
KG - 8
Yes
11:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
0/10
Seattle Country Day School
2619 4th Ave N, Seattle, WA 98109
Private
KG - 8
Yes
11:1 STUDENTS/TEACHERS

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