7013 Seaview Terrace SW -1777 Seattle WA 98136 MLS #NWM2346672

There are multiple listings for this address:
Listing Provided Courtesy of Venture Real Estate Group LLC
Truly a one-of-kind investment/development property in highly sought after W. Seattle area. This rare 6-unit turnkey investment has water views & gorgeous sunsets along w/strong cash flow. Located in West Seattle’s Gatewood area, the Seaview Terrace Apts a perfect mix of studios/1-bed/2-bed/3-bed units. Each w/own flr plan. 4 units have been renovated w/updated baths, kitchen, stainless app & new floors. W/D in all units except for small non-conforming studio. Very strong occupancy in a high demand rental mkt w/ room to increase rents to market. Exceptional development opportunity to develop 5-townhomes on the parcel, 3-bed twnhm w/garages, while maintaining income from existing 6-units. Near transit, eateries, shopping and much more.

Property Details

Price:
$2,900,000
MLS #:
NWM2346672
Status:
Active
Beds:
0
Baths:
0
Address:
7013 Seaview Terrace SW -1777
Type:
Multi Family
Subtype:
Multi-Family
Subdivision:
Lincoln Park
Neighborhood:
140 – West Seattle
City:
Seattle
Listed Date:
Mar 20, 2025
State:
WA
Finished Sq Ft:
4,490
Total Sq Ft:
4,490
ZIP:
98136
Lot Size:
12,216 sqft / 0.28 acres (approx)
Year Built:
1901
Units:
6

Schools

School District:
Seattle

Interior

Cooling
Ductless H P- Mini Split
Flooring
Vinyl Plank
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Spots
9
Roof
Composition

Financial

Net Operating Income
$132,552
Tax Year
2024
Taxes
$18,135

Map

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7013 Seaview Terrace SW -1777
Seattle, WA
Listing Provided Courtesy of Venture Real Estate Group LLC
Truly a one-of-kind investment/development property in highly sought after W. Seattle area. This rare 6-unit turnkey investment has water views & gorgeous sunsets along w/strong cash flow. Located in West Seattle’s Gatewood area, the Seaview Terrace Apts a perfect mix of studios/1-bed/2-bed/3-bed units. Each w/own flr plan. 4 units have been renovated w/updated baths, kitchen, stainless app & new floors. W/D in all units except for small non-conforming studio. Very strong occupancy in a high demand rental mkt w/ room to increase rents to market. Exceptional development opportunity to develop 5-townhomes on the parcel, 3-bed twnhm w/garages, while maintaining income from existing 6-units. Near transit, eateries, shopping and much more.

Property Details

Price:
$2,900,000
MLS #:
NWM2347941
Status:
Active
Beds:
0
Baths:
0
Address:
7013 Seaview Terrace SW -1777
Type:
Land
Subtype:
Multi-Family
Subdivision:
Lincoln Park
Neighborhood:
140 – West Seattle
City:
Seattle
Listed Date:
Mar 20, 2025
State:
WA
Total Sq Ft:
4,490
ZIP:
98136
Lot Size:
12,216 sqft / 0.28 acres (approx)
Year Built:
1901

Schools

School District:
Seattle

Interior

Cooling
Ductless H P- Mini Split
Flooring
Vinyl Plank
Heating
Baseboard

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Spots
9
Roof
Composition

Financial

Net Operating Income
$132,552
Tax Year
2024
Taxes
$18,135

Map

Contact Us

Send
  

Mortgage Calculator

 

Similar Listings Nearby