Listing courtesy of Lee & Associates Commercial RE
$1,695,000
We are pleased to present Capitol Hill 7, a well-located 7-unit property positioned in Seattle’s Capitol Hill/Eastlake neighborhood. Built in 1964, the 5,800 SF asset offers an attractive scale for investors seeking a well-located investment opportunity with durable rental demand. The property features LVP flooring throughout, ten… Read More on-site parking spaces, common-area laundry, and separate storage lockers for each residence. The roof was installed in 2016, helping reduce near-term capital expenditure requirements. Unit 5 includes an added rear deck with a glass sliding door, providing an enhanced outdoor living amenity. Located near the intersection of Capitol Hill and Eastlake, residents benefit from convenient access to Seattle’s premier dining, nightlife, retail, parks, cultural amenities, and employment centers. The property is a 10-minute walk from the light rail Capitol Hill Station. With its strong in-city location, parking availability, dedicated storage, and value-add potential through future unit upgrades, Capitol Hill 7 presents an appealing opportunity for investors seeking exposure to one of Seattle’s most established rental submarkets. Read Less
Listing courtesy of Lee & Associates Commercial RE
Listing Snapshot
Cumulative Days On Market
0
Days on Website
0
Last Updated
Property Type
Multi Family
Lot Size
0.14 Acres
Year Built
1964
Property Tax
$20,753
MLS Number
2583141
30 Days Snapshot Of 98102
$1.15M
+31%
(avg) sold price
16
-23%
homes sold
47
-22%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 0, Building Area Units: Square Feet, Calculated Square Footage: 0, Construction Materials: Cement, Wood, Elevation Units: Feet, Leasable Area: 5800, Living Area: 0, Number Of Units Total: 7, Stories Total: 2, Structure Type: Multi Family, Units In Building Total: 7, Year Built: 1964, Year Built Effective: 1990
Property Condition: Very Good, Site Features: Deck, Patio, Zoning Description: Multi-Family
Roof
Roof: Flat
Sewer
Sewer: Sewer Connected, Sewer Company: Seattle Public Utilities
Utilities
Electric Expense: 0, Fuel Expense: 0, Power Company: Seattle City Light, Power Production Type: Electric, Water Company: Seattle Public Utilities, Water Source: Public
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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