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The Bruce Apartments

6339 42nd Ave SW Seattle, WA 98136

Property Type Multi-family

Sales Price $1,550,000

Status Active

Property Highlights:

  • Seller financing terms – 5.0% interest only, 25% down payment, 5 year term
  • Most recent lease-up is 14% higher than the average rent of the other 5 units
  • Well maintained units - Renovational upside exists for a new owner though
  • Opportunity to implement a utility bill-back system, charge for pet rent, storage income, and parking income
  • Low maintenance property
  • Attractive Morgan Street Junction location
Map single
broker

Michael Urquhart

Senior Investment Advisor

206.812.9123

Michael@ParagonREA.com
broker

Brian Platt

Senior Investment Advisor

206.812.9130

Brian@ParagonREA.com

Ben Douglas

Associate Broker

206.812.9101 ben@paragonrea.com