3901 Martin Luther King Jr WAY S, Seattle, WA 98108
3901 Martin Luther King Jr WAY S, Seattle, WA 98108
3901 Martin Luther King Jr WAY S, Seattle, WA 98108
3901 Martin Luther King Jr WAY S, Seattle, WA 98108
3901 Martin Luther King Jr WAY S, Seattle, WA 98108
3901 Martin Luther King Jr WAY S, Seattle, WA 98108
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RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787
Listed by:Westlake Associates, Inc. • Travis Kannier
$ 1,750,000
Est. payment | /mo

9 Beds

9 Baths

5,330 SqFt

Save
$ 1,750,000
Est. payment | /mo
Save

9 Beds

9 Baths

5,330 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,330 sqft

Price per Sqft $328

Subdivision Columbia City

MLS Listing ID 2562520

Style 55 - 5-9 Units

Bedrooms 9

Year Built 1963

Annual Tax Amount $19,649

Lot Size 6,738 Sqft

Property Sub-Type Multi Family

Property Description

Empire Flats is a fully renovated 9-unit building conveniently located blocks from Mt Baker Light Rail Station. This is an excellent opportunity for an investor as most of the renovations have been completed and the buyer simply needs to raise rent/income. Comparable rents nearby show that there is room to raise rents significantly without additional upgrades. Empire Flats has spacious units that have been updated throughout with new cabinetry, quartz counters, and stainless appliances. The modernized apartments also have desirable LVP flooring and in-unit laundry. The low maintenance building has a newer roof and exterior paint. There are plans to covert the existing laundry area to a 10th unit (buyer to verify).

Location

State WA

County King

Area 385 - Sodo/Beacon Hill

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Brick

View Y/N No

Roof Type Composition

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash

Listing Terms Cash

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

Nearby Schools & Businesses

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RSVP Real Estate Group

RSVP Real Estate Group

+1(425) 610-7787

Real Estate Firm | License ID: 17634

Real Estate Firm License ID: 17634

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