2308 W Wheeler St | Seattle, WA 98199
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2308 W Wheeler St
Seattle, WA 98199
Multifamily Property For Sale · 6 Units
Investment Highlights
- High-End Finishes, Well Maintained
- City, Mountain and Sound Views from 3rd Floor
- Magnolia Location
- Garage Parking for each Tenant
Executive Summary
rime Investment Opportunity! Cool Mid-Century Triplex with views of Elliott Bay, the Space Needle & Mt. Rainier. 2 extra large 2BR/2Bath units (over 1,500 SqFt), each with quality finishes, flexible spaces & view decks. These units are amazing and the top floor view is breathtaking! Well-maintained 1BR/1Bath in lowest level. 3-car garage offers secure, covered parking for each unit. Storage, gardening space and privacy too. Super Location-Residential neighborhood and convenient to downtown, Expedia, Interbay Golf and Discovery Park. Fabulous opportunity for either investors or owner-occupants. Either of the large view units would make a great owner apartment. Or live in the smallest unit to maximize rental income.
PROPERTY FACTS
| Price Per Unit | $330,000 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.80% | Lot Size | 0.14 AC |
| Sale Conditions | 1031 Exchange | Building Size | 4,010 SF |
| No. Units | 6 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1965/2019 |
| Price Per Unit | $330,000 |
| Sale Type | Investment |
| Cap Rate | 3.80% |
| Sale Conditions | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,010 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built/Renovated | 1965/2019 |
Unit Amenities
- Microwave
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 3 | $3,675 | 1,700 |
| 2+2 | 2 | $3,600 | 1,560 |
| 1+1 | 1 | $2,100 | 750 |
zoning
| Zoning Code | NR3 |
| NR3 |
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