11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle’s most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current… Read More 6.93% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit. Read Less
Listing courtesy of COMPASS
Listing Snapshot
Cumulative Days Active
342
Last Updated
Property Type
Multi Family
Square Ft.
4,785
Lot Size
0.11 Acres
Year Built
1961
Property Tax
$21,079
MLS Number
2451055
Additional Details
Building
Built in 1961, 3 stories, Construction Materials: Brick, Cement, Wood
Cooling
None
Expenses
Insurance: $5,000, Other Expense: $22,630
Exterior Features
Brick, Cement/Concrete, Wood Products
Foundation
Poured Concrete
Heating
Baseboard
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $185,421, Net Operating Income: $117,784
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listings last updated on ,
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