Seller Financing available! The Henderson Arms Apartments, a 39 unit value add opportunity in Seattle's Rainier Beach neighborhood. The property features 33 one bedroom and 6 two bedroom units with a mix of updated and classic interiors, providing strong in place income and additional upside through renovations. Amenities include private balconies, secured entry, off street parking, common laundry, and ample storage. A largely unutilized full height basement also offers potential for additional units and future income. The property is conveniently located near light rail, major transit routes, neighborhood amenities, and employment centers throughout Seattle.
| MLS # | 2563789 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 63 |
| Listing Provided By | Paragon Real Estate Advisors | Nick Hemming |
| SQ Feet | 25,104 |
|---|---|
| Story(s) | 4 |
| Units | 39 |
| Zoning | Multi-Family |
| Acreage | 0.76 |
| Property | 89417 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98118 |
| Area | 380 Southeast Seattle |
| Community Name | Rainier Beach |
| Listing VS Median (in Rainier Beach) | |
Price: $5,800,000 low | high Med: $727,500 sqft: 25,104 low | high Med: 1,705 $ / sqft: $231 low | high Med: $432 On site: 63 low | high Med: 60.5 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98118 |
| Area | 380 Southeast Seattle |
| Community Name | Rainier Beach |
| Listing VS Median (in Rainier Beach) | |
Price: $5,800,000 low | high Med: $727,500 sqft: 25,104 low | high Med: 1,705 $ / sqft: $231 low | high Med: $432 On site: 63 low | high Med: 60.5 | |