on the market

Listings/5221 38th Ave SW

5221 38th Ave SW

On the Market

Price: $1,500,000

Offers: Viewed Upon Receipt

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Property Details

ADDRESS
5221 38th Ave SW
TOTAL UNITS
4
YEAR BUILT
1954
STORIES
2
RESIDENTIAL NRSF
3,600
AVG. UNIT SIZE
900
LAUNDRY
In-unit
ROOF
2013
PARKING
8 surface spots, 2 garage spots
ELECTRICAL
Updated
PLUMBING
Copper

Tax Information

PARCEL NUMBER
325940-0055
PARCEL SIZE
6,545
ZONING
LR2 (M)
2022 PROPERTY TAX
$10,997

Opportunity

Value Add Opportunity

Ability to increase rents to market rate
Renovate units on turnover and fully optimize operations

Future Development Potential

6,545 Land Square Feet, LR2 Zoning
Potential to build 6 townhomes

Ideal Location

Located near multiple schools, West Seattle Bridge, golf
courses, recreational locations/parks, national retailers and
numerous grocery stores

Location

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5221 38th Ave SW

5221 38th Ave SW
Seattle, WA 98126
Units: 4
Price: $1,500,000

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