Located in downtown Seattle, The Argyle consists of 12 fully remodeled spacious studio style apartment units. The Property is situated on a corner alley lot zoned DMC 340/290 -440, providing an investor a future assemblage possibility for a high rise development – the downtown mixed commercial zoning would allow development as high as 440 feet. Fully rehabbed in the past few years, this turn key asset offers investors great cash flow on a low maintenance asset. Additionally, there is upside opportunity for investors with the ability to add 2 apartment units or commercial space in the basement. PROPERTY IS IN RECEIVERSHIP.
Listing courtesy of NWMLS / Westlake Associates, Inc.
Last checked:
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Last updated Feb 25, 2023
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MLS# 1696320 —
The Building
Year Built:
1902
New Construction:
false
Structure Type:
Multi Family
Exterior Features:
Cement Planked,Wood
Roof:
Flat,Torch Down
Units In Building Total:
12
# of Units Total:
13
Stories Total:
3
Building Area Total:
8324
Building Area Units:
Square Feet
Calculated SqFt:
8324
Interior
Furnished:
Unfurnished
Fireplace:
false
Financial & Terms
Possession:
Closing
Buyer Financing:
Cash
Location
Latitude:
47.602562
Longitude:
-122.329056
Directions:
From I-5 take the James street Exit. Stay stright onto 6th Ave. Turn right onto Jefferson.
The Property
Property Type:
Residential Income
Property Subtype:
Multi-Family
Parcel Number:
0942001090
Lot Size Units:
Square Feet
Lot Size Acres:
0.0551
Lot Size SqFt:
2400
Lot Size Source:
King County Assessor
Zoning Class:
Multi-Family
Zoning Jurisdiction:
City
Electric On Property:
false
View:
City
View:
true
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:
2020
Tax Annual Amount:
21440
The Listing
Special Listing Conditions:
See Remarks
Heating & Cooling
Heating:
true
Heating Cooling Type:
Baseboard
Utilities
Utilities:
Sewer Connected,Electricity Available
Sewer:
Sewer Connected
Water Sewer Garbage:
18000
Schools
High School District:
Seattle
The Community
Subdivision Name:
Pioneer Square
Senior Community:
false
Parking
Open Parking:
false
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
5/20/21
May 20, 2021
Sold
NWMLS
$3,050,000
8.9%
3/16/21
Mar 16, 2021
Pending
NWMLS
$2,800,000
2/8/21
Feb 8, 2021
Price Changed
NWMLS
$2,800,000
-6.5%
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Multifamily
Sold
on 5/20/2021
$3,050,000
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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.
Checking…
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Last updated Feb 25, 2023
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