Bought with ZNonMember-Office-MLS
$3,050,000
$2,800,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
8,324 SqFt
SOLD DATE : 05/20/2021
Key Details
Sold Price $3,050,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,324 sqft
Price per Sqft $366
Subdivision Pioneer Square
MLS Listing ID 1696320
Sold Date 05/20/21
Style 56 - 10+ Units
Year Built 1902
Annual Tax Amount $21,440
Lot Size 2,400 Sqft
Property Description
Located in downtown Seattle, The Argyle consists of 12 fully remodeled spacious studio style apartment units. The Property is situated on a corner alley lot zoned DMC 340/290 -440, providing an investor a future assemblage possibility for a high rise development – the downtown mixed commercial zoning would allow development as high as 440 feet. Fully rehabbed in the past few years, this turn key asset offers investors great cash flow on a low maintenance asset. Additionally, there is upside opportunity for investors with the ability to add 2 apartment units or commercial space in the basement. PROPERTY IS IN RECEIVERSHIP.
Location
State WA
County King
Area _701Belltowndowntn
Interior
Fireplace false
Exterior
Exterior Feature Cement Planked, Wood
Utilities Available Sewer Connected, Electric
View Y/N Yes
View City
Roof Type Flat,Torch Down
Building
Sewer Sewer Connected
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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