Address Map
US
Washington
King
Seattle
98122
Cherry St
1402
W123° 41' 10.4''
N47° 36' 29.6''
E
Additional Information
TC Wu
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946500
7,841 Sqft
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Capitol Hill/First Hill
3
Framed,Wood
98115
WA
Seattle
9500 Roosevelt Way NE #100
Property Description

Exceptional 10-unit townhome-style apartment building in a high-demand location – directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.

For Sale

1402 Cherry St, Seattle, Washington 98122

  • Square Footage: 9,680 Sqft
$2,880,000
Listing ID#699180
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Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 699180
Price : $2,880,000
Square Footage : 9,680 Sqft
Year Built : 1981
Status : Active
Office Name : WPI Real Estate Services, Inc.
Property Sub Type : Multi-family
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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WPI Real Estate Services, Inc.