Greenwood Homes with 42 - Multi-Family Style

Greenwood Homes with 42 - Multi-Family Style

Welcome to the charming neighborhood of Greenwood in Seattle, Washington! Situated in King County, Greenwood is a vibrant and diverse community that offers a perfect blend of urban convenience and suburban tranquility.

Greenwood is known for its tree-lined streets, local parks, and a strong sense of community. Residents enjoy easy access to a variety of amenities, including trendy boutiques, cozy cafes, and delicious eateries. The neighborhood is also home to the historic Greenwood Theatre, where locals can catch a show or enjoy live performances.

If you're looking for a home in Greenwood, you'll find a range of options to choose from, including multi-family homes with 42 units. Whether you're a first-time buyer, a growing family, or an investor looking for a great opportunity, Greenwood has something for everyone.

With its convenient location, excellent schools, and strong sense of community, Greenwood is a fantastic place to call home. Come and discover all that this wonderful neighborhood has to offer!

Newest Greenwood Homes with 42 - Multi-Family Style

$1,478,000
2566364 MLS ⋅ ACTIVE Status
Exceptional development opportunity on a 13,440 SF lot in prime and highly connected North Seattle location. NC3-55 zoning may offer potential for a future multifamily development of approximately 60–80 units; buyer to verify all development feasibility. Conveniently located near Northgate Light Rail, transit, shopping, dining, major employers and daily amenities, with an 87 Walk Score. The current property includes two buildings (3-unit building and a 10-unit building) with a desirable mix of studio, one- and two-bedroom residences, offering multiple investment strategies for a total of 13-units. Continue operating as an income-producing apartment community, increase returns through rent optimization and strategic improvements, or hold as a long-term development site. Current gross scheduled income is approximately $14,288 per month, with additional upside as several rents remain below market. Most units have been updated. A compelling combination of current income, value-add potential and long-term redevelopment opportunity.

10531 Aurora Avenue N, Seattle

Listing courtesy of Real Property Associates.

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