Seattle,
Washington WA98102-5842
Stately, classic brick six unit apartment building, with stunning original brickwork, terra cotta details and parapet wall, in prime location on Capital Hill. Rarely vacant, each unit is a large one bedroom with hardwood floors, living/dining rooms, and other vintage features. Six car carport off driveway on the west side of the building, common secure entry, and all units above grade. Walk Score of 98, just two blocks to Broadway and three to Link Light Rail. 5,994' lot with Mid Rise zoning (MR-M1). Full basement with large storage area and common laundry. Views of Seattle from this prime time location.
Listing ID1923670
Price$2,900,000
StatusActive
SqFt
4,587
Acres
0.138
CountyKing
SubdivisionNorth Capitol Hill
Year Built1928
Property TypeResidential Income
Property Sub TypeMulti-Family
Property Sub Type
Multi-Family
Property Type
Residential Income
Subdivision
North Capitol Hill
Year Built
1928
Building Area Units
Square Feet
Flooring
Hardwood
Furnished
Unfurnished
Heating Cooling Type
Radiant
Interior Features
Hardwood
Living Area Units
Square Feet
Stories Total
3
Carport Spaces
6
Elevation Units
Feet
Exterior Features
Brick
Lot Size Square Feet
5994
Lot Size Units
Square Feet
MLS Lot Size Source
Public
Number Of Units Total
6
Parking Total
6
Roof
Torch Down
Sewer
Sewer Connected
Sewer Company
SPU
Structure Type
Multi Family
Style Code
55 - 5-9 Units
Units Below Grade
false
Units In Building Total
6
Utilities
Sewer Connected, Natural Gas Connected
Water Company
SPU
Water Sewer Garbage
9006
Water Source
Public
Building Area Total
4587
Country
US
Elementary School
Buyer To Verify
High School
Buyer To Verify
High School District
Seattle
Middle Or Junior School
Buyer To Verify
MLS Area Major
390 - Central Seattle
View
City
Waterfront
no
Zoning Class
Multi-Family
Zoning Jurisdiction
City
Amenities
Basement
Effective Year Built Source
Public Records
First Right Of Refusal
no
Mls Status
Active
Offers
Seller intends to review offers upon receipt
Possible Use
Multi-Family
Power Company
SCL
Power Production Type
Natural Gas
Preliminary Title Ordered
yes
Property Condition
Fair
Show Map Link
yes
Year Built Effective
1990
Cap Rate
2.63
Electric Expense
116
Fuel Expense
3875
Gross Adjusted Income
113082
Gross Rent Multiplier
24.88
Gross Scheduled Income
116580
Insurance Expense
5087
Leasable Area
4587
Leasable Area Units
Square Feet
Leased Items
Washer/Dryer
Net Operating Income
76368
Possession
Closing
Sale Type
MLS
Seller Disclosure
Provided
Special Listing Conditions
None
Tax Annual Amount
22128
Tax Year
2021
Total Expenses
40212
Total Monthly Income
9070
Vacancy Rate
3
315 12th Avenue E Seattle, WA 98102
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