2232 Franklin Avenue E, Seattle, WA 98102 (MLS # 2160623)
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Listing provided courtesy of Northwest MLS; Sea to Sky Realty
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Sea to Sky Realty is excited to present the Vista View apartment complex located in the vibrant East Lake neighborhood. With well below market rents, the new owner can immediately realize a rental income increase by up to 25% without any extra work. The zoning allows townhomes to be built on the parking space without affecting the existing apartment building. Seller financing is available. The investor also has the option to acquire the adjacent property, Lorraine (#290220-0695, MLS #2155299) which is under the same ownership, together. The combined lot size of 13,200sf in such a highly-coveted urban residential neighborhood creates a rare opportunity for developers to build either apartment buildings or townhomes.
| DAYS ON MARKET | 206 | LAST UPDATED | 10/11/2023 |
|---|---|---|---|
| TRACT | Eastlake | YEAR BUILT | 1963 |
| COMMUNITY | Eastlake | COUNTY | King |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| School District | Seattle |
|---|
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| AREA | 390 - Central Seattle |
| BUYER'S BROKERAGE COMPENSATION | 2 |
| CONSTRUCTION | Wood Siding |
| HEAT | Baseboard, Electric |
| INTERIOR | Laminate |
| LOT | 6599 sq ft |
| LOT DIMENSIONS | 6600 |
| STORIES | 3 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Eastlake |
| TAXES | 25479 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/3/24 6:40 PM PDT. 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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