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Seattle, WA, 98199 • Magnolia • King County
$3/sqft
1Beds
1Baths
470Sqft
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32 days on market
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$3/sqft
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HISTORY This 4-story building was originally built in 1955 during the heyday of Fort Lawton's Army outpost. Fort Lawton closed in 1973 and was gifted to the City of Seattle to make, what is now, Discovery Park. Magnolia Arms was initially used for off base Officer Housing. You can see this in its unique masonry-grade construction, the kind of construction that used to have a bomb rating. Now it is home to 21-units of multifamily apartments, some with partial or full interior renovation. Water/Sewer/Trash: $50/monthly Electricity: Tenant pays Seattle City Light (seasonal avg. $50-$250+)
Based on current rates
Est. 6.75% rate · 30yr fixed · $1,119 loan
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3 schools rated nearby
Seattle, WA, 98199
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Seattle, WA • King County
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