2629 14th Avenue WSeattle, WA 98119
Listing courtesy of Ben Douglas of Paragon Real Estate Advisors
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31-unit multifamily community situated in Seattle’s desirable Interbay/ Queen Anne area. Golfcrest offers investors meaningful renovation value-add upside, and seller financing is available for qualified buyers. The proposed seller financing terms are 5% interest-only rate, 25% down payment and a 5-year term. The property is comprised of a diversified unit mix that includes studio, one-bedroom, two-bedroom, and a Penthouse unit, making it well positioned to serve a broad tenant base in one of Seattle’s most supply constrained submarkets. Roughly 50% of the units have had the flooring replaced with LVP floors. Replacing the remainder of the flooring and improving the kitchens and bathrooms will result in a significant increase in rent. The property has been owned by the same family for the last 31 years. Ownership has spent over $225K in capital improvements over the last couple of years. These improvements reduce near-term capital expenditure risk while preserving the opportunity for an incoming investor to execute a targeted unit renovation program and capture meaningful rental upside.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Listing first seen on site |
Listing courtesy of Ben Douglas of Paragon Real Estate Advisors
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Last checked: 2026-06-25 06:36 AM PDT
