MLS #2417426 / Listing provided by NWMLS & Westlake Associates, Inc..
$2,295,000
711 21st Avenue
Seattle,
WA
98122
Sq Ft
Per Sq Ft
Year Built
Rare Central District 6-Unit w/ Upside + LR2 Rezone Potential Exciting opportunity to own a well-located 6-unit in one of Seattle’s most dynamic neighborhoods. Sits on a 7,200 SF lot with proposed LR2 zoning, offering solid in-place income plus redevelopment potential. Mix of 2-, 3-, and rare 4-bedroom layouts. Major 2018 updates include rebuilt units, PEX plumbing, new electrical panels, vinyl siding/windows, and torchdown roof. Boost income with cosmetic upgrades, RUBS, and parking fees, pro forma cap rate of 6.7%+. Shared outdoor patio and surface parking add tenant appeal. Blocks to future light rail, Seattle U, and Swedish Cherry Hill. Professionally managed and maintained, a rare blend of income, location, and future flexibility.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
- Possible Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 6
- Uncovered Parking Spaces: 6
- Open Parking Spaces: 6
Structure
- Roof: Torch Down
- Exterior Features: Wood
Lot Details
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Acres: 0.1653
Schools
- High School District: Seattle
Lot Details
- Lot Features: Alley, Curbs, Paved, Sidewalk
- Acres: 0.1653
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water, Sewer, and Garbage: 13646
Mitch Baldridge
Broker | REALTOR®
Send Mitch Baldridge an email