7410 Rainier Avenue S, Seattle, WA 98118

$1,589,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of Torre Realty

List Price
$1,589,000
Status
ACTIVE
Days on Market
365
Price Change
▼ $6,000 1782016809
MLS#
2413358
Subtype
Residential Income
Style
55 - 5-9 Units
Year Built
1955
Lot Size
7,970
Acres
0.18
Subdivision
Rainier Valley
Neighborhood
Rainier Valley
MLS Area Major
Southeast Seattle

Property Description

Prime 7-Unit Investment Opportunity Just 15 Minutes from Downtown Seattle. Located in a high-demand area, this fully occupied 7-unit property offers strong cash flow and excellent rental history. Zoned LR3, the site allows for a variety of redevelopment options. The next door property—also zoned LR3—is also listed for sale, creating the potential for a larger-scale development. All units have been tastefully updated, including kitchens, bathrooms, and flooring. Additional income is generated through coin-operated laundry on-site. A rare chance to invest or build in one of Seattle’s most strategic locations.

Additional Information

Amenities
Basement, Coin Op Laundry
Exterior Features
Wood Products
Property Description
55 - 5-9 Units
Flooring
Laminate
Heating
Baseboard
Air Conditioning
None
Roof
Composition
School District
Seattle
Elementary School
Seattle Public Sch
Middle School
Seattle Public Sch
High School
Rainier Beach High
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks