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2522 Dexter Ave N

Seattle, WA 98109 View Map $4,500,000 Schedule a Tour
Sq.Ft.7,734
Year1984
Conor MacEvilly

Conor MacEvilly

(206) 349-8477

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Listing Office

Office:Paragon Real Estate Advisors

5-9 units for sale at 2522 Dexter Ave N Seattle, WA 700 - Queen Anne/Magno 98109, MLS#2050283


Status: Active
Property Type:5-9 Units
MLS® #:2050283
Sq. Feet:7,734
On Site:60 Days
Lot Size:0.28 Acres
County:King
This is a unique opportunity to purchase 6 huge 1,289 SqFt - 2BD/1.75BTH condominium units with high-end interior finishes, 3 double car parking garages and decks to enjoy sweeping views of Lake Union. Located on Dexter Avenue, this opportunity is centrally located and minutes from South Lake Union and Downtown Seattle. This opportunity presents a variety of investment routes that someone can pursue. A straightforward option is for an investor to purchase the property and renovate the units to increase rental income or sell the units off individually. Another investment play is to develop the back of the lot and add multiple townhouses (buyer to verify) or to tear down the existing structure and build a new development project.

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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:2522 Dexter Ave N, Seattle, WA 98109
County:King
City:Seattle
School District:Seattle
Subdivision:Queen Anne
Zip Code:98109

Architecture

Year Built:1984
Stories:3
Building Style: 5-9 Units
Roof: Flat

Features / Amenities

Exterior Features: Wood Products
Covered Spaces: 6
Parking Total: 9
Cooling: Other – See Remarks
Heating: Forced Air

Property Features

Lot Size: 0.28 Acres
Sq.Ft. Size: 7734
Lot Sq.Ft. Size: 12000
Sewer: Sewer Connected
Directions:From Downtown Seattle, merge onto Hwy 99 N/WA-99 N. Turn right onto Halladay St. Continue onto 6th Ave N. Take a left onto Dexter Ave N.

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $36,362
Insurance Expense: $3,000
Net Income: $202,024
Listing Terms: Cash Out, Conventional
Total Monthly Income: $22,740
Net Operating Income: $202,024
Total Expenses: $57,212
Offers: Seller intends to review offers upon receipt
Possession: Closing

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2522 Dexter Ave N Seattle,  WA 98109
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2522 Dexter Ave N Seattle, WA 98109
 
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All listings featuring the icon Board of Realty Logo are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2023. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Keller Williams Realty Greater Seattle and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing information last updated on May 27, 2023 at 4:00 PM PST.