4803 S Henderson Street, Seattle, WA 98118

Listing Broker: Paragon Real Estate Advisors; Nick Hemming; 206-812-9105; nhemming@paragonrea.com

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List Price
$5,800,000
Status
ACTIVE
Days on Market
53
MLS#
2563789
Subtype
Residential Income
Style
56 - 10+ Units
Year Built
1962
Living Area
25,104
Lot Size
33,000
Acres
0.76
Subdivision
Rainier Beach
Neighborhood
Rainier Beach
MLS Area Major
Southeast Seattle

Property Description

Seller Financing available! The Henderson Arms Apartments, a 39 unit value add opportunity in Seattle’s Rainier Beach neighborhood. The property features 33 one bedroom and 6 two bedroom units with a mix of updated and classic interiors, providing strong in place income and additional upside through renovations. Amenities include private balconies, secured entry, off street parking, common laundry, and ample storage. A largely unutilized full height basement also offers potential for additional units and future income. The property is conveniently located near light rail, major transit routes, neighborhood amenities, and employment centers throughout Seattle.

Additional Information

Exterior Features
Brick
Property Description
56 - 10+ Units
Flooring
Laminate
Heating
Wall Furnace
Air Conditioning
None
Roof
Flat
School District
Seattle
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Calculator source: Real Geeks