4207 Bateman, 98118, Seattle, WA
4207 Bateman, 98118, Seattle, WA
$860,000
**NEW PRICE + SELLER INCENTIVE!** Seller is offering up to $10, 000 toward buyer closing costs with an acceptable offer. Fully occupied Seattle triplex offering immediate income and long-term investment potential in the Rainier Valley corridor. Current gross scheduled income of $72, 600/year with an underwritten NOI of approximately $46, 168. Two 1BR/1BA units plus a spacious 3BR/2BA provide diversified rental income, with potential for future growth as leases and applicable regulations allow. SIX off-alley parking spaces offer a rare and valuable amenity. Each unit includes range/oven, refrigerator, dishwasher, washer/dryer, and AC. Documented multi-year maintenance history reflects consistent property care. Conveniently located between Hillman City and Brighton with access to Rainier Ave S, I-5, I-90, light rail, transit, parks, neighborhood amenities, and major employment centers. An attractive opportunity for investors or 1031 exchange buyers seeking an occupied Seattle multifamily asset with income from day one and future optimization potential. Financials, rent roll, and maintenance records available for buyer review. Buyer to verify all financial information and comply with existing leases and applicable landlord-tenant requirements.
4207 Bateman, 98118, Seattle, WA