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About the Listing 7101 - 62179
Exceptional 10-unit townhome-style apartment building in a high-demand location - directly across from Seattle University & Swedish Hospital. 5 two-bed and 5 one-bed two-story units with a total of 11 parking spaces. Prime 7,675 SF corner lot with abundant natural light, upgraded double-pane windows, and fire sprinkler system. Walk Score 94—just steps to restaurants, transit, grocery, and light rail. Zoned LR3(M) with potential for additional units (buyer to verify). Significant income upside through utility billbacks, parking fees, and bringing under-market rents current. Current cap @3.95% and market cap @5.29%.
Listing Highlights for 1402 E Cherry St
Status
Pending
Days on Site
73
Property Type
Multi-Family
MLS ®
2397715
Year Built
1981
Total Square Footage
9,680
Lot/Acreage
0.18
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: Corner Lot,Curbs,Sidewalk,Sprinkler System
- Garage Capacity: N/A
- Parking Spaces: 11
- Roof: Composition
- Others: Stucco,Wood
- Sewer: Sewer Connected
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 8733500005
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
1402 E Cherry St Seattle, WA 98122
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