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Eastlake 7-Unit

Beautiful asset in prime west facing Eastlake location on quite Minor Ave E. Just steps from the lake, bike path and waterfront parks. John Sato designed building in very cool Eastlake neighborhood which is primed for future rental growth. Easy access to both directions of I-5 and in close proximity to UW, SCCA, and SLU. Building layout consists of (5) 2br (1) 1br and (1) penthouse unit. Major capital improvements have already been completed including a 30 year TPO roof, new metal railings on all exterior decks, and new stucco siding that has been replaced from the north wall all the way around to the east side of the building. True value-add with ability to add W/D to units and reposition into a core trophy asset in the Eastlake submarket.  All units face the lake with spectacular afternoon sunlight. Off street reserved parking for all units. The property is 7 separate tax parcels. Rare opportunity to own 7 individual condos operated as an apartment building. Huge potential future upside to renovate.

Address

2030 Minor Ave E
Seattle, WA 98102

Type

Multi-Family

Status

Sold

Price

$ 2,935,000

# of Units

7

Price per Unit

$ 419,285

Available SF

6,940 SF

Price Per SF

$ 423

Land Area

5,942

Year Built

1967

Broker contact information