This Multifamily Property is no longer advertised on LoopNet.com.

711 21st Ave
Seattle, WA 98122

Langston Hughes Courtyard · Multifamily Property For Sale · 6 Units

Apartment Buildings Washington Seattle 711 21st Ave, Seattle, WA 98122

INVESTMENT HIGHLIGHTS

  • Assumable debt at 3.44% interest rate, Remaining Balance: $1,160,000, Term through: 6/1/2026
  • 5.75% cap on cost – assuming $120k renovation budget
  • $4,000/month in loss to lease with cosmetic upgrades
  • Re-plumbed and updated electrical in 2018
  • Core location – quick access to downtown Seattle and Bellevue
  • 5/6 units are spacious 3-bedroom

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 5,835 SF
Average Occupancy 94%
No. Stories 2
Year Built 1900
Parking Ratio 1.03/1,000 SF

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Oven
  • Tub/Shower
  • Pantry

LINKS

PROPERTY TAXES

Parcel Number 912610-0265 Improvements Assessment $1,082,600
Land Assessment $878,400 Total Assessment $1,961,000

ZONING

Zoning Code SF 5000, Seattle
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  • Listing ID: 26233416

  • Date on Market: 7/22/2022

  • Last Updated:

  • Address: 711 21st Ave, Seattle, WA 98122

More public record information on 711 21st Ave, Seattle, WA 98122

The Minor Multifamily Property at 711 21st Ave, Seattle, WA 98122 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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