Property Description

We are excited to present the Lorraine apartment complex located in the vibrant East Lake neighborhood. Just minutes north of South Lake Union, the location offers quick access to major highways, public transportations, Amazon headquarters and the fast-growing number of tech companies in the surrounding area. Sitting on a large 6,600sf LR3 lot with expansion potential, the property consists of an eight-unit apartment building and a separate single house and garage. With well below market rents, the new owner can immediately realize a rental income increase by up to 25% without any extra work. Additionally, seller financing is available. The investor also has the option to acquire the adjacent property, Vista View (#290220-0700) which is under the same ownership, together. The combined lo

Address Map
US
Washington
King
Seattle
98102
Franklin Ave
2236
W123° 40' 32.3''
N47° 38' 22''
E
Additional Information
Lin Shen
27635
1005427
6,730 Sqft
6,600 Sqft
Lorraine Apartments
Lake Union
3
Wood
98004
WA
Bellevue
11201 SE 8th Street Suite 170

For Sale

2236 Franklin Ave, Seattle, Washington 98102

6,730 Sqft
$3,450,000
Listing ID #672086
Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 672086
Price : $3,450,000
Square Footage : 6,730 Sqft
Year Built : 1901
Status : Active
Office Name : Sea To Sky Realty
Property Sub Type : Multi-family
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
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