Courtesy of Northmarq Multifamily, LLC
608 W Emerson St
Seattle, WA 98119
-- Bed-- Bath7,700 Sq Ft6 Days on Market
For Sale $2,875,000
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Listing Agent & Comments
We are pleased to present the 608 W Emerson Apartments, located along W Emerson St in North Queen Anne, walking distance from Seattle Pacific University. All units were upgraded in 2016, including updated kitchens with new finishes and fully upgraded bathrooms with modern fixtures and motion sensor fans. The property is being listed 100% vacant, providing an excellent opportunity to renovate all 10 units with modern finishes and achieve higher rents. It includes a laundry facility, balconies with views, 14 uncovered parking spaces, mature landscaping, and storage space. The asset stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M ($287,500/unit; $376/SF).
MLS# NWM2409472 • Data provided by NWMLS as distributed by MLS Grid
Living Area | 7,700 Sq.Ft. |
---|---|
Lot Size | 8,799 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 3 |
Year Built | 1975 |
Property Type | Multifamily |
Zoning | LR2 (M) |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $1,497 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by NWMLS as distributed by MLS Grid.
More Information On This Home
This home's estimated value
$2,815,480
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Rental estimate
New
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Courtesy of Northmarq Multifamily, LLC
HouseCanary, Inc. Brokerage
608 W Emerson St., Seattle, WA 98119
Multifamily-- Bed-- Bath7,700 Sq Ft6 Days on Market
Listing Agent & Comments
We are pleased to present the 608 W Emerson Apartments, located along W Emerson St in North Queen Anne, walking distance from Seattle Pacific University. All units were upgraded in 2016, including updated kitchens with new finishes and fully upgraded bathrooms with modern fixtures and motion sensor fans. The property is being listed 100% vacant, providing an excellent opportunity to renovate all 10 units with modern finishes and achieve higher rents. It includes a laundry facility, balconies with views, 14 uncovered parking spaces, mature landscaping, and storage space. The asset stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M ($287,500/unit; $376/SF).
MLS# NWM2409472 • Data provided by NWMLS as distributed by MLS Grid
Living Area | 7,700 Sq.Ft. |
---|---|
Lot Size | 8,799 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 3 |
Year Built | 1975 |
Property Type | Multifamily |
Zoning | LR2 (M) |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $1,497 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by NWMLS as distributed by MLS Grid.
This property is missing data for:
Rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $2,875,000
Save
Courtesy of Northmarq Multifamily, LLC
608 W Emerson St
Seattle, WA 98119
-- Bed-- Bath7,700 Sq Ft6 Days on Market
Listing Agent & Comments
We are pleased to present the 608 W Emerson Apartments, located along W Emerson St in North Queen Anne, walking distance from Seattle Pacific University. All units were upgraded in 2016, including updated kitchens with new finishes and fully upgraded bathrooms with modern fixtures and motion sensor fans. The property is being listed 100% vacant, providing an excellent opportunity to renovate all 10 units with modern finishes and achieve higher rents. It includes a laundry facility, balconies with views, 14 uncovered parking spaces, mature landscaping, and storage space. The asset stabilizes to a 7.42% cap on cost and a 9.42% cash on cash return at $2.875M ($287,500/unit; $376/SF).
MLS# NWM2409472 • Data provided by NWMLS as distributed by MLS Grid
Living Area | 7,700 Sq.Ft. |
---|---|
Lot Size | 8,799 Sq.Ft. |
Total Rooms | -- |
Bedrooms | -- |
Bathrooms | -- |
Stories | 3 |
Year Built | 1975 |
Property Type | Multifamily |
Zoning | LR2 (M) |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $1,497 |
Property in Flood Zone | -- |
Basement | -- |
Pool | No |
Data provided by NWMLS as distributed by MLS Grid.
More Information On This Home
This home's estimated value
$2,815,480
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Rental estimate
New
Do you own this home?
Access your homeowner dashboard
For Sale $2,875,000
Save