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Listed by:Windermere Real Estate Co. • Pamela A. Jensen

$5,700,000

Est. payment - /mo

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18 Beds

16 Baths

11,105 SqFt

New

8716 Sand Point WAY NE #1-14 Seattle, WA 98115

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Paul Sowards

paulalexsow@gmail.com +1(503) 781-8652

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,105 sqft

Price per Sqft $513

Subdivision Matthews Beach

MLS Listing ID 2510479

Style 56 - 10+ Units

Bedrooms 18

Year Built 1920

Annual Tax Amount $62,193

Lot Size 1.085 Acres

Property Sub-Type Multi Family

Property Description

Turnkey Property on Lake Washington. Positioned on Lake Washington's western shore in the sought-after Matthews Beach neighborhood, Beach Club Cottages is a 14-unit multifamily community comprised of six buildings on two adjacent parcels. Includes a two-story single family home, two single-family cottages, & three apartment buildings, each with three or four units. All the units have been updated with new kitchens & bathrooms. Finishes vary, with many featuring newer luxury vinyl tile flooring & appliances. Most of the units offer scenic lake views, & nine homes boast in-unit laundry with a common laundry room providing laundry service to the remaining units. Two of the units are on the water & offer private yards. Located steps from the Burke-Gilman Trail and a short walk to Matthews Beach, the property offers direct lake frontage, private beach access, boat slips, and a mix of garage and off-street parking. This high quality, turnkey property, with its desirable waterfront location, offers an investor the opportunity to own an income producing property with upside in one of Seattle's coveted neighborhoods.

Location

State WA

County King

Area 710 - North Seattle

Interior

Flooring Ceramic Tile, Concrete, Hardwood, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood

Garage Spaces 3.0

Amenities Available Deck, Dock, Electric Car Charging, Fenced-Partially

Waterfront Description Low Bank,Lake

View Y/N Yes

View Lake, Mountains

Roof Type Composition,Torch Down

Building

Lot Description Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

Elementary Schools View Ridge

Middle Schools Eckstein Mid

High Schools Nathan Hale High

School District Seattle

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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Paul Sowards

Broker

+1(503) 781-8652