Property Details

1409 NW 54th St

Seattle, WA 98107

$850,000

Available

CBA# 714055 courtesy of CBA Listing firm: AgencyOne

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Industrial

Property Type

1,610

Bldg Sq Ft

1900

Year Built

Property Overview

Investor Alert! Turnkey opportunity with immediate cash flow and future development potential. This fully occupied Duplex (Studio + 1Bed 1Bath) + ADU (2 Bed 1 Bath) property generates stable rental income from day one, with all units leased. Situated on II U/125-zoned land, the property offers investors the opportunity to collect income while evaluating redevelopment possibilities and maximizing the site's future value. The property underwent extensive updates in 2016 including major interior improvements and appliance replacements. Interior has been exceptionally well-maintained w/ responsible tenants. A rare opportunity to acquire a well-maintained, income-producing property today while securing future development potential for tomorrow.