WA > Seattle > Georgetown
Seattle, WA 98108,7070 E Marginal WAY S
Seattle, WA 98108,7070 E Marginal WAY S
Seattle, WA 98108,7070 E Marginal WAY S
Seattle, WA 98108,7070 E Marginal WAY S
Seattle, WA 98108,7070 E Marginal WAY S
Seattle, WA 98108,7070 E Marginal WAY S
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Goldhouse Realty

Goldhouse Realty

+1(253) 376-6410
Listed by Keller Williams Rty Tacoma
$ 1,200,000
Est. payment | /mo

7,890 SqFt

Save
$ 1,200,000
Est. payment | /mo
Save

7,890 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,890 sqft

Price per Sqft $152

Subdivision Georgetown

MLS Listing ID 2362738

Style 56 - 10+ Units

Year Built 1919

Annual Tax Amount $35,022

Lot Size 10,443 Sqft

Property Sub-Type Multi Family

Property Description

Convert this motel into a 16 unit apartment complex! Estimated renovation cost at $1,300,000 for an estimated $3,000,000 finished value. Tons of sweat equity to be had as an investment. All numbers provided on rents/financials are an estimate proforma based on a newly renovated complex. There is currently no income on the building. Unit sizes would range from 346 sq ft to 433 sq feet. 4 units in the basement, 6 units on main floor, and 6 units upstairs. Tons of parking available on site. Tax Assessed Value at $1,945,500! Est. value of $3.1M after renovations into a multi-family dwelling are complete.

Location

State WA

County King

Area 385 - Sodo/Beacon Hill

Interior

Flooring See Remarks

Fireplace false

Exterior

Exterior Feature Wood

Amenities Available Fenced-Partially

View Y/N No

Roof Type Torch Down

Building

Lot Description Corner Lot, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools Buyer To Verify

Middle Schools Buyer To Verify

High Schools Buyer To Verify

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out

Listing Terms Cash Out

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
agent-avatar

+1(253) 376-6410

kenny@goldhouserealty.com

1120 Pacific Ave., Tacoma, WA, 98402, USA

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7070 E Marginal WAY S

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