$3295000
-
Bed
-
Bath
-
8850 SqFt
-
1 DOM
-
Built: 1969
- Status: Active
Love this home?
Srinivas Kasam
CEO & Founder
(650)533-3259The Jennifer Marie is a 10-unit apartment building located in the heart of Seattle’s Eastlake neighborhood. Built in 1969, the property features a mix of 1BD, 2BD, and 3BD units totaling 8,850 rentable square feet on a 6,600 square foot lot zoned LR3 (M). The building is in strong physical condition with major systems in great shape. New roof was installed in May 2025 and comes with a transferable warranty. 8 units received new luxury vinyl plank (LVP) flooring when they were turned over between late 2023 and early 2024. The kitchens and bathrooms across the building remain largely original, creating a clear renovation path in targeted improvements to push rents from the current average of $2,197 to a projected $2,663, a 21% increase. The building has 12 parking stalls (9 open and 3 covered tandem). 2 units are currently nonconforming. The Seller has invested in architectural plans and worked with the City of Seattle to prepare a legalization permit. The permit is teed up for a buyer to go to the city, pay the outstanding fees, and pick it up (buyer to verify).
Listing Provided Courtesy of Michael Urquhart, Paragon Real Estate Advisors
General Information
-
NWM2518111
-
Multi Family
-
1 DOM
-
-
6599.34 SqFt
-
-
8850
-
1969
-
Multi-F
-
King
-
-
-
-
-
Residential Incom
-
Multi Family
-
Listing Provided Courtesy of Michael Urquhart, Paragon Real Estate Advisors
Kasamestates data last checked: May 05, 2026 19:33 | Listing last modified May 05, 2026 15:27,
Source:
Download our Mobile app
