See all 21 photos
21 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Lee & Associates Commercial RE
$2,895,000
Est. payment /mo
13 Beds
14 Baths
13,848 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,848 sqft
Price per Sqft $209
Subdivision Licton Springs
MLS Listing ID 2357206
Style 56 - 10+ Units
Bedrooms 13
Year Built 1989
Annual Tax Amount $28,115
Lot Size 7,688 Sqft
Property Sub-Type Multi Family
Property Description
Pine Place Apartments is a well-maintained 14-unit asset in North Seattle offering strong value-add potential. Built in 1989 with modern systems including copper plumbing, updated electrical, and Durolast roofing, the property is steps from the Northgate Light Rail, Kraken Iceplex, and Green Lake Park. The diverse unit mix includes 2-bed, 1-bed, open 1-bed, and studios, each with private decks, secure entry, and access to two laundry rooms and 12 garage parking spaces. With below-market rents and projected 22.2% upside, Pine Place presents an ideal repositioning opportunity in a high-demand, transit-connected submarket.
Location
State WA
County King
Area 705 - Ballard/Greenlake
Interior
Interior Features Wall to Wall Carpet
Flooring Vinyl Plank, Carpet
Fireplace false
Exterior
Exterior Feature Metal/Vinyl
View Y/N Yes
View Territorial
Roof Type Flat
Building
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash Out, Conventional, Rehab Loan
Listing Terms Cash Out, Conventional, Rehab Loan
Read Less Info
"Three Trees" icon indicates a listing provided courtesy of NWMLS.