The Bluestone Apartments, located just outside of Seattle city limits, provides an opportunity to acquire a 26-unit property with all the gut renovations completed. All 26 units have been renovated within the last 5 years. Renovations include granite countertops - kitchen and bathrooms, wood cabinets, new light fixtures and more. The asset provides new ownership with an immediate upside with proven rents and with all current tenants in good standing. Bluestone is ideally located blocks away from the new light rail station opening in 2024 with direct access to Seattle. New ownership will enjoy an ideal location with added appreciation.
Listing courtesy of NWMLS / Westlake Associates, Inc.
Last checked:
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Last updated Apr 24, 2023
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MLS# 1788290 —
The Building
Year Built:
1978
New Construction:
false
Structure Type:
Multi Family
Exterior Features:
Wood
Roof:
Flat
Units In Building Total:
26
# of Units Total:
26
Stories Total:
3
Building Area Total:
20680
Building Area Units:
Square Feet
Calculated SqFt:
20680
Interior
Interior Features:
Wall to Wall Carpet
Furnished:
Unfurnished
Flooring:
Vinyl,Carpet
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Cash
Location
Latitude:
47.73511
Longitude:
-122.311296
Directions:
On I-5 N, Take exit 175 for WA-523/NE 145th St. Keep right and merge onto 5th Ave NE. Turn right onto WA-523/NE 145th St. Turn left on 15th Ave NE. Turn right onto NE 146th St. Property is on left.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Parcel Number:
3670500260
Lot Size Units:
Square Feet
Lot Size Acres:
0.5585
Lot Size SqFt:
24328
Lot Size Source:
King County Assessor
Zoning Class:
Multi-Family
Zoning Jurisdiction:
City
Electric On Property:
false
View:
false
Waterfront:
false
Possible Use:
Multi-Family
Irrigation Water Rights:
false
Listing Agent
Contact info:
Agent phone:
(206) 505-9400
Office phone:
(206) 505-9400
Taxes
Tax Year:
2021
Tax Annual Amount:
72624
The Listing
Special Listing Conditions:
None
Heating & Cooling
Heating:
true
Heating Cooling Type:
Baseboard
Utilities
Utilities:
Sewer Connected,Electricity Available
Sewer:
Sewer Connected
Water Sewer Garbage:
24958
Schools
High School District:
Shoreline
The Community
Subdivision Name:
Briarcrest
Amenities:
Coin Op Laundry,Storage
Senior Community:
false
Parking
Parking Total:
32
Parking Uncovered Spaces:
32
Open Parking:
true
Open Parking Spaces:
32
Carport:
false
Listing courtesy of NWMLS / Westlake Associates, Inc.
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
1/20/22
Jan 20, 2022
Sold
NWMLS
$6,100,000
10/11/21
Oct 11, 2021
Pending
NWMLS
$6,100,000
9/30/21
Sep 30, 2021
Price Changed
NWMLS
$6,100,000
-1.6%
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No additional history available
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Multifamily
Sold
on 1/20/2022
$6,100,000
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Listing courtesy of NWMLS / Westlake Associates, Inc.
This "Three Trees" icon indicates a listing provided courtesy of NWMLS. To submit a request for a takedown notice per the Digital Millennium Copyright Act (the “DMCA”) for any NWMLS listings please see these guidelines and follow the instructions provided.
The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.
Disclaimer: The information contained in this listing has not been verified by Westlake Associates, Inc. and should be verified by the buyer.
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Last updated Apr 24, 2023
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