Live in the heart of Capitol Hill while building equity with this unique Craftsman-style fourplex. Ideal for an owner-occupant or seasoned investor, the versatile unit mix includes a studio, one-bedroom and 2 three-bedroom residences. Live comfortably in one unit while rental income from the others helps offset your mortgage. Current… Read More monthly income is $8450 with potential upsides in rents as you improve each unit. Residents will appreciate having Capitol Hill’s acclaimed restaurants, cafés, nightlife, shopping and transit just outside their door. The property offers solid in-place income with potential to increase rents as units are turned-over and upgraded. Zoned NC3P-75 (M) which also provides long-term redevelopment opportunities for mixed-use apartments or "condo-ize" the property. Enjoy the energy and convenience of one of Seattle’s most desirable neighborhoods while securing an income-producing property with room to grow. Seller Financing Available. Read Less
Listing courtesy of Berkshire Hathaway HS NW
Listing Snapshot
Cumulative Days Active
87
Last Updated
Property Type
Multi Family
Square Ft.
2,785
Lot Size
0.07 Acres
Year Built
1910
Property Tax
$14,329
MLS Number
2558358
Additional Details
Building
Built in 1910, Built in 1980 (effective), 3 stories, Construction Materials: Wood
Cooling
None
Expenses
Insurance: $3,600
Exterior Features
Wood
Floors
Hardwood, Vinyl, Carpet
Heating
Baseboard, Stove/Free Standing, Wall Furnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $101,400, Net Operating Income: $75,037
Lot
0.0661 acres, Dimensions: 48'x60', Curbs, Paved, Sidewalk, Value In Land
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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