1223 W Nickerson St | Seattle, WA 98119
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- LoopNet Team
1223 W Nickerson St
Seattle, WA 98119
Canal Apartments · Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- Secured entry, wide interior corridors, vintage charm, common laundry, updates to plumbing and electrical systems, dual-pane windows, ample parking
- Rent upside, 12 parking spaces,10 one-bedroom/one-bathroom units and 1 approx. 1,000-SF commercial space
- Updates include an electrical system upgrade in the 1980s. Copper & PEX updates to original.
- Offers a new investor the potential opportunity for significant upside with a remodeling project, or to redevelop the 8,448-SF
- The property is brick veneer construction
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 9,333 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1926 |
| Building Class | C | Parking Ratio | 1.29/1,000 SF |
| Zoning | C2-55M | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 9,333 SF |
| No. Stories | 3 |
| Year Built | 1926 |
| Parking Ratio | 1.29/1,000 SF |
| Zoning | C2-55M |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Storage Space
- Crown Molding
- Kitchen
- Hardwood Floors
- Tub/Shower
- Views
- Carpet
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Smoke Free
- Vintage Building
- Storage Space
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | - | 500 |
PROPERTY TAXES
| Parcel Number | 277060-4885 | Improvements Assessment | $636,700 |
| Land Assessment | $1,816,300 | Total Assessment | $2,453,000 |
PROPERTY TAXES
Parcel Number
277060-4885
Land Assessment
$1,816,300
Improvements Assessment
$636,700
Total Assessment
$2,453,000
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