1. Washington
2. Seattle
3. 608 W Emerson Street

608 W Emerson Street, Seattle, WA 98119

Property Description

This listing courtesy of Taylor Wyman, Northmarq Multifamily, LLC

We are pleased to present the 608 W Emerson Apartments, located along W Emerson St in North Queen Anne, walking distance from Seattle Pacific University. All units were upgraded in 2016, including updated kitchens with new finishes and fully upgraded bathrooms with modern fixtures and motion sensor fans. The property is being listed 100% vacant, providing an excellent opportunity to renovate all 10 units with modern finishes and achieve higher rents. It includes a laundry facility, balconies with views, 14 uncovered parking spaces, mature landscaping, and storage space. The asset stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M ($287,500/unit; $376/SF).

Listing Status:

Active

Listing Office:

Northmarq Multifamily, LLC : 952-356-0100

Listing Agent:

Taylor Wyman : 952-356-0100

MLS ID:

2409472

Interior

• Flooring: Ceramic TileLaminateCarpet
• A/C: None
• Heating: Baseboard
• Fireplace: Fireplaces: 0
• Eco/Green Feature: Thermal Windows

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Taylor Wyman, Northmarq Multifamily, LLC