Bought with Kidder Mathews
$4,025,000
$4,600,000
12.5%For more information regarding the value of a property, please contact us for a free consultation.
9,626 SqFt
SOLD DATE : 08/11/2023
Key Details
Sold Price $4,025,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,626 sqft
Price per Sqft $418
Subdivision Eastlake
MLS Listing ID 1997935
Sold Date 08/11/23
Style 56 - 10+ Units
Year Built 1929
Annual Tax Amount $36,697
Lot Size 9,626 Sqft
Property Description
Aldora Apartments is a handsome 15-Unit brick veneer apartment building, beaming with timeless character, and ideally located in one of Seattle's most sought-after neighborhoods. It features 15 large one-bedroom apartment units with amazing territorial views of Lake Union and Seattle. Aldora offers investors a tremendous opportunity to increase income by over 40% after light cosmetic unit updates, and capitalize on further upside by adding a 16th unit to the daylight basement and adding two large townhomes to alley-accessed parking lot. Aldora has been meticulously maintained and updated by the long-term owner, and is now available on the market for the first time in over 35 years. Don't miss your chance to own this trophy asset.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Flooring Hardwood, Carpet
Fireplace false
Exterior
Exterior Feature Brick, Wood
View Y/N Yes
View City, Lake, Mountain(s)
Roof Type Torch Down
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
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