$1,800,000
Sold

1302 W Emerson Street

Seattle, WA 98119
4619 sqft | 0.14 acres | #2171606
Listing OfficeParagon Real Estate Advisors
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

The Emerson Apartments consists of 6 large 1 bedroom/1 bathroom units and 1 studio unit. Currently, all the units are being operated as fully furnished short-term rentals primarily renting to traveling nurses and corporate transferees. This unique opportunity allows a new owner to continue to improve the short-term rental operating strategy or transition the units into traditionally leased apartments. The value-add opportunity is renovating the units on turnovers before operating the units on longer-term traditional leases. The one-bedroom units offer spacious floor plans with a living room and a dining area off the kitchen. Most of the units have hardwood style flooring and there are 7 parking spots, one for each unit.

  • Property Details
      • Days on Market (Cumulative)1

Location

Real Property Associates, Inc.
OR