Well-established,income-producing property offers a unique opportunity to acquire a 39-unit 3-story bldg with a basement. Perfect for 1031 Exchange. Located blocks from Rail Station, Bus, Lake WA. Easy access to Airport, Boeing, Port of Seattle, DT Seattle, shop-g, dining, incl The Landing, Southc-r Mall. Walking distance to schools. New owners can get additional income through parking, coin-op laundry, and storage units. Rents are under market with long-term tenants. The basement has the potential for value add and converting some of the spaces into studios to increase income and value. Unbeatable location and consistent demand from renters, this property is a rare find for multi-family investors looking to expand their portfolios with a highly sought-after asset.