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Lincoln Park 6

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Lincoln Park 6

4700 SW Othello St, Seattle, WA 98136
Multi-Family For Sale Pending Cap Rate 3.95% Built 1910 2 floors Zoning: LR1 (M)
Asking Price
$1,450,000
Total Building3,850 SF
Available3,850 SF avail
Land4,170 SF land
Parking Total4
& Uncov.
MarketWest Seattle
CountyKing

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Overview

Property ID
184943
Listing ID
706174
Type
Multi-Family
Asset Class
Multi-Family
Zoning
LR1 (M)

Description

We are pleased to present Lincoln Park 6, a six-unit multifamily investment located in the highly coveted Lincoln Park/Fauntleroy neighborhood of West Seattle. Just one block from Lincoln Park and minutes to the California Ave SW retail corridor and Alki Beach, the property is ideally positioned to benefit from strong renter demand, exceptional walkability, and the enduring appeal of West Seattle’s premier coastal amenities. Opportunities to acquire apartments in this pocket are limited due to historically low turnover, making The Lincoln Park 6 a rare chance to secure a well-located asset in one of West Seattle’s desirable submarkets.Originally built in 1910 and recently updated over the years, Lincoln Park 6 offers clear value-add potential through cosmetic interior upgrades, providing

Listing Courtesy of:

TF
Tanner Fogle
Paragon Real Estate Advisors
600 University St., Ste. 2018,
Seattle, WA 98101-1176
State: WA City: Seattle ZIP: 98136 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.