Listing courtesy of Skyline Properties, Inc. 425-455-2065
$1,995,000
Turnkey North Capitol Hill Investment. The Rhodes Apartment Building is a rare opportunity to own a timeless, cash-flowing asset in the heart of Vibrant Capitol Hill. This well-maintained property features 6 well-appointed spacious corner units offering views of the Space Needle, Downtown Seattle & Olympic Mountains with beautiful original brickwork… Read More that adds to the building’s classic charm & curb appeal. 6 large 1-bed, 1-bath + den/NC bedroom, generous living/dining areas, full kitchens & hardwood floors throughout. Secure entry with lobby. Common laundry area. All units are above grade. Driveway to the building’s 12 car parking lot for tenants. The daylight basement may also offer the opportunity to add 2 additional 1-bedroom units for additional income. Situated on a 5,994 sqft lot with Mid-Rise zoning (MR-M1), this property also presents exciting future development potential. This prime location is minutes to Downtown Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta, Adobe, Oracle & more. Residents enjoy easy access to restaurants, shopping, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, and Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset with upside in one of Seattle’s strongest rental markets. Possible Seller Financing. Read Less
Listing courtesy of Skyline Properties, Inc. 425-455-2065
Listing Snapshot
Cumulative Days On Market
23
Days on Website
23
Last Updated
Property Type
Multi Family
Square Ft.
4,587
Lot Size
0.14 Acres
Year Built
1928
Property Tax
$25,179
MLS Number
2505422
30 Days Snapshot Of 98102
$1.08M
-14%
(avg) sold price
32
+60%
homes sold
54
-28%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Appliances: "Tankless Water Heater"
Building
Building Area Total: 4587, Building Area Units: Square Feet, Building Name: Rhodes Apartment Building, Calculated Square Footage: 4587, Elevation Units: Feet, Leasable Area: 4587, Living Area: 0, Number Of Units Total: 6, Stories Total: 3, Structure Type: "Multi Family", Units In Building Total: 6, Year Built: 1928, Year Built Effective: 1990
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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