MLS #2520299 / Listing provided by NWMLS .
$1,975,000
6512 Phinney Avenue N
Seattle,
WA
98103
Sq Ft
Per Sq Ft
Year Built
We are pleased to present Bella Marie, a fully occupied six-unit multifamily property with ground-floor retail located in Phinney Ridge, one of Seattle’s most desirable residential neighborhoods. The property consists of two buildings. The main building, constructed in 1950, houses three one-bedroom apartments, a two-story three-bedroom/two-bath penthouse residence with a private rooftop deck overlooking Green Lake, and ground-floor retail along Phinney Ave. A detached one-bedroom townhome, built in 2004, is positioned above three covered parking spaces, providing added privacy and a distinct rental experience. The main building has been fully rewired with newer electrical panels, and all windows have been updated to double-pane vinyl throughout. Offered at a 5.95% in-place capitalization rate with additional upside to market rents, the asset combines stabilized cash flow with an irreplaceable Phinney Ridge location — convenient to Downtown Seattle, South Lake Union, Fremont, and Green Lake, with strong neighborhood walkability and proximity to Woodland Park Zoo.
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
- Garage Spaces: 0
- Parking Total: 4
- Total Uncovered Parking Spaces: 1
Structure
- Roof: Composition
- Exterior Features: Brick, Metal/Vinyl, Wood
- Foundation: Slab
Lot Details
- Lot Features: Alley
- Acres: 0.0784
- Foundation: Slab
Schools
- High School District: Seattle
Lot Details
- Lot Features: Alley
- Acres: 0.0784
- Foundation: Slab
Power
- Energy Source: Electric
Water, Sewer, and Garbage
- Sewer Company: Seattle Public Utilities
- Sewer: Sewer Connected
- Water Company: Seattle Public Utilities
- Water, Sewer, and Garbage: 6884
Christi Young
Broker | REALTOR®
Send Christi Young an email