Henderson Arms
4803 S Henderson St Seattle, WA 98118
Property Type Multi-family
Price $5,800,000
Status Active
Property Highlights:
- Healthy Unit Mix: 33 one-bedroom/one-bath units and 6 two-bedroom/one-bath units.
- Value-Add Opportunity: Approximately one-third of the units have been updated, while the remaining units offer renovation upside.
- Expansion Potential: Approximately 3,500 SF of basement space provides the opportunity to add additional units (buyer to verify).
- Common Laundry: Provides additional income potential.
- On-Site Parking: 39 dedicated parking spaces enhance tenant appeal and provide additional revenue opportunities.
- Major Capital Improvements + Systems: Double-pane vinyl windows (2009), roof replaced (2010), upgraded Square D main electrical service (2009), Square D/Cuttler Hammer in-unit panels, and copper plumbing throughout.
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