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301 E Thomas St

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Address: 301 E Thomas St, Seattle, WA 98102, USA

Seattle & Northwest + Apartment Buildings

Created date: July 29, 2024

Date last updated: September 27, 2024

11,940 SF building
- Views of Seattle and the Olympics
- 17 units
- Built in 1959
- Zoned MR (M)
- Prime Seattle location
- 100% occupancy
- Value Add Opportunity
- Strong income potential
- Concrete and Steel Construction

Property Description

Introducing The Clift House at 301 E Thomas St, a compelling investment opportunity with exceptional rehab potential. This 11,940 SF property, built in 1959, boasts 17 units and is zoned MR (M). With a prime location in the heart of Seattle's thriving real estate market and 100% occupancy, this property presents a lucrative opportunity for value enhancement through strategic rehabilitation and modernization. The property's solid foundation, it's sweeping views of the Seattle skyline and the Olympic Mountains, and it's potential for increased value make it an attractive prospect for investors seeking to revitalize and maximize the property's potential. Embrace the chance to transform this property into a sought-after asset and unlock its full value.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$4,750,000
No. of Units:	17
Average Occupancy:	4.22
Year Built:	1959
Lot Size:	0.17 Sq ft
Opportunity Zone:	No
Price per unit:	$279,412
Property Website	Click Here