Income-Generating Property in Greenlake with Redevelopment Potential

For saleHouse7812 Lake City Wy NE, Seattle, WA 98115,USA

Income-Generating Property in Greenlake with Redevelopment Potential

7812 Lake City Wy NE, Seattle, WA 98115,USA
  • 2840 sq ft

Basics

  • Date added: Added 5 years ago
  • Category:
  • Type:
  • Area: 2840 sq ft
  • Lot size: 4792 sq ft

Description

  • Description:

    Rare opportunity to own this income generating, well-maintained property in Greenlake. Buy and hold for the redevelopment potential of this newly rezoned C1-55 (M) 4,792sqft lot. Gross monthly rental income is over $6,000, cap rate 5%. All renting out, rarely has vacancy, 1-year lease till Apr.2020. Top-notch location 3 mins to I5, 0.75 mile from the new Roosevelt Light Rail Station, about 5-10 minutes driving from UW and downtown. Cash flow plus great equity appreciation, don't miss this one!

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Location

Amenities & Features

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This style property is located in is currently and has been listed on MAGGIE SUN REAL ESTATE. This property is listed at . It has bedrooms, bathrooms, and is 2840 sq ft. The property was built in year.
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