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This classic 5-unit apartment building in prime Capitol Hill location will offer the savvy investor a strong revenue stream and tons of upside. Each spacious unit features a unique layout, wood floors, fresh interior paint, gas cooking. Great mix of 1 bed, 1+ den, 2-story units, some with views of city + mountains. The basement includes storage, common laundry, large unfinished area for possible expansion. Rents are proforma from property manager. Currently a 5.2 CAP with room for upside. The building is now vacant, allowing new owner the option to renovate or place tenants immediately. Low vacancy rate historically (fully leased for many years). Great location, close to light rail, SLU, freeway, everything on Capitol Hill and DT Seattle.
- Neighborhood
- Type
- CountyKing
- Area390 - Central Seattle
- Tax Amount$13,182
- StatusPending
- Listing #2211088
- Built1909
- Lot Size0.06
- Listed on site38 days
Listed by:
Windermere RE Greenwood
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2024-04-27 13:16:21. DMCA
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School Info
- elementary schoolLowell
- middle schoolMeany Mid
- high schoolGarfield High
Property details
Community Features
- No HOA
- No Adult Community
Property Features
- Corner Lot
Exterior features
- No Pool
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