1501 31st Avenue
Seattle, WA 98144
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Provided by Northwest Multiple Listing Service, 2024.
Description for 1501 31st Avenue, Seattle, WA 98144
This pride of ownership property consists of 2 buildings a duplex & a triplex with 4 2-bed units & an open 1-bed loft. All units feat. skyline views, hardwood floors, upgrd. kitchens & baths, cmmn laundry, off-street parking & mature landscaping. Well maintained, elec is updated, new roofs & water main. Ownership added a permitted 5th unit & potential to convert similar space in the 2nd building to a 6th. Potential for future redevelopment (buyer to verify). With only 36 MF units in the nbhd, the property experiences a stable rent roll with turnovers quickly leased, Buyers have the opportunity to invest or owner occupy in a coveted location with high quality of life or potentially capitalize on the limited rental stock with an add’l unit.
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