710 NE 43rd Street, Seattle, WA 98105

Courtesy of John L. Scott, Inc

$1,200,000
1,539
SqFt

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List Price
$1,200,000
Status
ACTIVE
Days on Market
2
MLS#
2567359
Subtype
Residential Income
Style
54 - 4-Plex
Year Built
1959
Living Area
1,539
Lot Size
5,000
Acres
0.11
Subdivision
University District
Neighborhood
University District
MLS Area Major
North Seattle

Property Description

Just steps from the University of Washington. Situated on 5,000 square foot parcel zoned Mid Rise (MR M1), the property features a diverse unit mix of one and two-bedroom residences averaging 473 square feet, providing broad appeal to workforce renters. The property benefits from an excellent location within walking distance of the University of Washington, placing residents near a wide array of academic facilities, rental destinations, dining options & major transportation corridors. The asset offers 6 off street parking spaces, a valuable amenity in this highly urbanized and supply concentrated neighborhood. Positioned in one of Seattle’s most walkable communities, the property boasts a Walk Score of 93, a Bike Score of 83, a Transit Score of 82. The strong mobility metrics enhance the tenant demand and support of long term occupancy stability. Adding to the investment appeal, an additional fourplex located directly across the street is also available for purchase, presenting investors with a unique opportunity to achieve immediate scale and operational efficiencies within the same submarket. Combining a desirable unit mix, favorable zoning, excellent accessibility, and potential for portfolio expansion, this offering represents an attractive opportunity in one of Seattle’s most dynamic rental markets.

Additional Information

Exterior Features
Brick, Wood Products
Property Description
54 - 4-Plex
Flooring
Ceramic Tile, Hardwood
Heating
Wall Furnace
Air Conditioning
None
Roof
Composition
School District
Seattle
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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