711 N 35th ST, Seattle, WA 98103 - MLS#2360738 - Cassidy Thomas

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Cassidy Thomas

cassidy@1realty.com +1(360) 739-4784

Listed by Lee & Associates Commercial RE

$10,700,000

Est. payment - /mo

17,414 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 17,414 sqft

Price per Sqft $614

Subdivision Fremont

MLS Listing ID 2360738

Style 56 - 10+ Units

Year Built 2001

Annual Tax Amount $79,724

Lot Size 7,583 Sqft

Property Sub-Type Multi Family

Property Description

he Equinox is a premier investment opportunity in Seattle's highly desirable Fremont neighborhood. It features 23 apartments and 5 commercial units. A $2.1M capital improvement project in 2024/2025 added a new roof, siding, & an updated lobby. Units include high-end finishes, LVP flooring, SS appliances, and in-unit WD with views of Lake Union. Three large units were converted into 9 studios/SEDUs, with potential for 10 more units through add'l conversions. Five new units are master leased. Income from commercial tenants and a cell tower lease enhance revenue stability. Strong cash flow, diverse income from commercial tenants and a cell tower lease, and expansion potential make this a rare core asset in a high-demand, high-barrier market.

Location

State WA

County King

Area 705 - Ballard/Greenlake

Interior

Interior Features Laminate, Laminate Hardwood, Laminate Tile

Flooring Laminate

Fireplace false

Exterior

Exterior Feature Cement Planked, Metal/Vinyl, See Remarks

Amenities Available Deck, High Speed Internet, Patio, Rooftop Deck, Sprinkler System

View Y/N Yes

View City, Lake, Mountain(s), Partial, See Remarks

Roof Type Flat,See Remarks

Building

Lot Description Adjacent to Public Land, Alley, Curbs, Paved, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional, See Remarks

Listing Terms Cash Out, Conventional, See Remarks

Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1496635-sale&address=711-N-35th-St&officeId=2085

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Cassidy Thomas

+1(360) 739-4784

Agent | License ID: 132279

Agent License ID: 132279

711 N 35th ST Seattle, WA 98103

Cassidy Thomas

Key Details

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Interior

Exterior

Building

Schools

Others

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