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1120 N 91st Street

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1120 N 91st Street

1120 N 91st St, Seattle, WA 98103
Multi-Family For Sale Available Cap Rate 6.01% Built 1986 3 floors Zoning: LR3 (M)
Asking Price
$1,650,000
Total Building3,200 SF
Available3,200 SF avail
Land3,760 SF land
MarketGreenlake
CountyKing

Read Overview
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Overview

Property ID
305998
Listing ID
707544
Type
Multi-Family
Asset Class
Multi-Family
Zoning
LR3 (M)

Description

8-unit building offering strong income potential and flexible operating strategies. Property is configured as hotel-style studios, each with a full bath and kitchenette, and was previously operated as overflow lodging for a nearby hotel. Units are separately metered for electric, allowing investors to operate as short-term or extended-stay lodging, or reposition as long-term rentals for stable cash flow. Features include high rent-per-square-foot potential, value-add upside, and ground-level parking with 8 spaces. Storage room on second floor is plumbed for laundry. First time on market; original owner with recent roof and major cap improvements completed. Convenient location with quick access to I-5 and Hwy 99, and close proximity to downtown, supporting strong and consistent rental deman

Listing Courtesy of:

CB
Charles Burnett, CCIM
Real Broker LLC
50 S Main St Suite 200,
Naperville, IL 60540
State: WA City: Seattle ZIP: 98103 Type: For Sale

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