MLS #2448401 / Listing provided by NWMLS & Paragon Real Estate Advisors.
$3,450,000
21833 7th Avenue S
Des Moines,
WA
98198
Sq Ft
Per Sq Ft
Year Built
23-unit value-add apartment community in the desirable Des Moines Marina District. Built in 1962, the Cliff offers a mix of studio 1 and 2 bedroom units. Livable and cool mid-century layouts with great natural light position the property well for a renovation strategy that enhances tenant appeal and drives income potential. Building features and amenity spaces include a convenient common laundry area on the lower level, large and secure tenant storage lockers and a small office suitable for a property manager or maintenance staff. Priced at $150,000 per unit, the Cliff Apartments present a compelling opportunity to acquire a quality asset offering significant upside in a desirable and thinly traded waterfront community.
Disclaimer: The information contained in this listing has not been verified by Hawkins-Poe Real Estate Services and should be verified by the buyer.
Bedrooms
- Upper Level Bedrooms: 0
Fireplaces
- Total Fireplaces: 0
Heating & Cooling
- Heating: Yes
- Cooling: No
Parking
- Parking Total: 14
- Uncovered Parking Spaces: 14
- Open Parking Spaces: 14
Structure
- Roof: Composition
- Exterior Features: Brick, Wood Products
- Foundation: Poured Concrete
Lot Details
- Acres: 1.0514
- Foundation: Poured Concrete
Schools
- High School District: Seattle
Lot Details
- Acres: 1.0514
- Foundation: Poured Concrete
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer: Sewer Connected
- Water, Sewer, and Garbage: 32146
Debbie Burk
Broker | REALTOR®
Send Debbie Burk an email