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Seattle, WA 98133,712 N 143rd ST
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Seattle, WA 98133,712 N 143rd ST
Seattle, WA 98133,712 N 143rd ST
Seattle, WA 98133,712 N 143rd ST
Seattle, WA 98133,712 N 143rd ST
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Mike Stover

Mike Stover

+1(206) 999-7065
Listed by The Preview Group
$ 3,260,000
Est. payment /mo
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712 N 143rd ST Seattle, WA 98133

17 Beds

14 Baths

10,284 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,284 sqft

Price per Sqft $316

Subdivision Seattle

MLS Listing ID 2434366

Style 56 - 10+ Units

Bedrooms 17

Year Built 1983

Annual Tax Amount $27,328

Lot Size 9,962 Sqft

Property Sub-Type Multi Family

Property Description

The Windchime is a 14-Unit Apartment Building ideally situated just 1.5 miles to the Shoreline South/148th St Light Rail Station. This prime asset offers a compelling, high value-add opportunity by increasing rents to market rates and continuing to renovate/upgrade units upon resident turnover. Instant equity and improve the existing 4.27% cap rate to 7.59% by adjusting to market rents and charging for parking, storage & utility bill backs. Thoughtful design and construction enhance the longevity of this enduring multifamily property. The Windchime is a stable, low-maintenance investment poised for both short and long term growth. Unit mix consists of 11 one-bedroom units and 3 two-bedroom units w/ majority of tenants residing 5+ years.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Laminate, Vinyl, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Stucco, Wood, Wood Products

Amenities Available Cable TV, Fenced-Partially, Gated Entry, High Speed Internet, Rooftop Deck

View Y/N Yes

View Territorial

Roof Type Flat

Building

Lot Description Curbs, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Mike Stover

Mike Stover

Broker

+1(206) 999-7065

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712 N 143rd ST