Empire Flats is a fully renovated 9-unit building conveniently located blocks from Mt Baker Light Rail Station. This is an excellent opportunity for an investor as most of the renovations have been completed and the buyer simply needs to raise rent/income. Comparable rents nearby show that there is room to raise rents significantly without additional upgrades. Empire Flats has spacious units that have been updated throughout with new cabinetry, quartz counters, and stainless appliances. The modernized apartments also have desirable LVP flooring and in-unit laundry. The low maintenance building has a newer roof and exterior paint. There are plans to covert the existing laundry area to a 10th unit (buyer to verify).
| MLS # | 2562520 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1963 |
| Days On Site | 33 |
| Listing Provided By | Westlake Associates, Inc. | Travis Kannier |
| SQ Feet | 5,330 |
|---|---|
| Car Port | Yes |
| Story(s) | 3 |
| Units | 9 |
| Zoning | Multi-Family |
| Acreage | 0.15 |
| Property | 19649 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98108 |
| Area | 385 SODO | Beacon Hill |
| Community Name | Columbia City |
| Listing VS Median (in Columbia City) | |
Price: $1,750,000 low | high Med: $775,000 sqft: 5,330 low | high Med: 1,149 $ / sqft: $328 low | high Med: $708 On site: 33 low | high Med: 76 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98108 |
| Area | 385 SODO | Beacon Hill |
| Community Name | Columbia City |
| Listing VS Median (in Columbia City) | |
Price: $1,750,000 low | high Med: $775,000 sqft: 5,330 low | high Med: 1,149 $ / sqft: $328 low | high Med: $708 On site: 33 low | high Med: 76 | |
![]() | $2,350,0002701 S Walden StreetSeattle, WA 98144 |