2657 Thorndyke Ave W, Seattle, WA 98199 (Off Market)

For Sale, USD 1,228,888


2657 Thorndyke Ave W, Seattle, WA, 98199,

Property Type : Multi-Family Home

Property Style : Multi Level

Build Size : 2,880 ft² / 268 m²

Land Size : 5,625 ft² / 523 m² Convert Land Size

Bedroom : 4

Bathroom : 0

Half Bathroom : 0

MLS#: 2562308


Property Description

Fantastic opportunity to own a well-located fourplex in Seattle’s desirable Magnolia neighborhood. Three units are currently leased, while Unit 3 is intentionally being held vacant to provide easy access for showings and flexibility for the next owner. Ownership has historically prioritized stable, long-term tenancies and limited turnover, resulting in several rents remaining on the lower end and offering potential for future income growth. The property includes four dedicated off-street parking stalls—one for each unit—on-site laundry and a shared backyard area. Zoned LR3(M), the property may also offer long-term redevelopment or value-add possibilities, subject to buyer verification and applicable City of Seattle requirements. Conveniently located near Magnolia Village, Discovery Park, Queen Anne, Ballard and Downtown Seattle, with easy access to neighborhood shops, restaurants, parks, transit and major employment centers. An appealing opportunity for an investor or owner-occupant seeking established rental income, immediate leasing flexibility and long-term potential in one of Seattle’s most established neighborhoods. Please do not disturb tenants.
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2657 Thorndyke Ave W, Seattle, WA 98199, United States,Washington,Seattle is a 2,880ft² Seattle luxury Multi-Family Home listed for sale USD 1,228,888. This high end Seattle Multi-Family Home is comprised of 4 bedrooms and 0 baths. Find more luxury properties in Seattle or search for luxury properties for sale in Seattle.