MLS #2397715 / Listing provided by NWMLS & WPI Real Estate Services, Inc..
Sold by Windermere Real Estate/East.
$2,880,000
1402 E Cherry Street
Seattle,
WA
98122
Sq Ft
Per Sq Ft
Year Built
Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.
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
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 11
- Uncovered Parking Spaces: 3
- Open Parking Spaces: 3
Structure
- Roof: Composition
- Exterior Features: Stucco, Wood
- Foundation: Poured Concrete
Lot Details
- Lot Features: Corner Lot, Curbs, Sidewalk
- Acres: 0.1762
- Foundation: Poured Concrete
Schools
- High School District: Seattle
Lot Details
- Lot Features: Corner Lot, Curbs, Sidewalk
- Acres: 0.1762
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water, Sewer, and Garbage: 0
Errin Calkins
REALTOR®
Send Errin Calkins an email