1. Washington
2. Seattle
3. 711 21st Avenue

711 21st Avenue, Seattle, WA 98122

Property Description

This listing courtesy of Reid Jones, Westlake Associates, Inc.

Rare Central District 6-Unit w/ Upside + LR2 Rezone Potential Exciting opportunity to own a well-located 6-unit in one of Seattle’s most dynamic neighborhoods. Sits on a 7,200 SF lot with proposed LR2 zoning, offering solid in-place income plus redevelopment potential. Mix of 2-, 3-, and rare 4-bedroom layouts. Major 2018 updates include rebuilt units, PEX plumbing, new electrical panels, vinyl siding/windows, and torchdown roof. Boost income with cosmetic upgrades, RUBS, and parking fees, pro forma cap rate of 6.7%+. Shared outdoor patio and surface parking add tenant appeal. Blocks to future light rail, Seattle U, and Swedish Cherry Hill. Professionally managed and maintained, a rare blend of income, location, and future flexibility.

Listing Status:

Active

Listing Office:

Westlake Associates, Inc. : 206-505-9400

Listing Agent:

Reid Jones : 206-505-9400

MLS ID:

2417426

Interior

• Flooring: Ceramic TileVinyl PlankCarpet
• A/C: None
• Heating: Wall Unit(s)
• Fireplace: Fireplaces: 0

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Reid Jones, Westlake Associates, Inc.