Property Details

855 W Nickerson St

Seattle, WA 98119

$3,150,000

Available

CBA# 711695 courtesy of CBA Listing firm: Berkadia Real Estate Advisors, LLC

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Commercial

Property Type

8,034

Bldg Sq Ft

Units

1963

Year Built

Property Overview

Klahowya offers a rare opportunity to acquire a fully stabilized, 10-unit multifamily asset positioned at the nexus of Queen Anne, Ballard, and Fremont—three of Seattle’s most consistently high-demand residential neighborhoods—with direct access to the city’s employment hubs in South Lake Union and Downtown Seattle.Current ownership has already done the heavy lifting: a fully permitted 10th studio unit has been added to the rent roll, the majority of units have been upgraded, and the property operates at 100% occupancy with zero delinquency. There is no distress no deferred maintenance no vacant units requiring urgency. What’s left is a clean, professionally positioned asset with a clearly defined path to incremental value creation, and a submarket that rewards this type of asset.For t