Active
$7,480,000
Price
0.326
Acres
1970184
Listing ID

165 17th Avenue

Seattle, Washington WA98122

Hill Vista, a fully remodeled 20-Unit building located on First Hill. Hill Vista has an excellent unit mix consisting of mostly two and three bedroom units. Recent remodels includes full size washers & dryers in every unit, granite countertops, new cabinets, new flooring, new windows, modern kitchens & bathrooms, and updated landscaping. There are 11 off street parking spots for the building, and storage space for every unit. Some units have great views of the Seattle skyline and have floorplans that are ideal for the local tenant base.

About This Property

Listing ID1970184
Price$7,480,000$120K
StatusActive
Acres 0.326
CountyKing
SubdivisionFirst Hill
Year Built1970
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Price Before Reduction 7600000
Price Reduction Date 2022-07-18T21:36:34+00:00
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision First Hill
Year Built 1970
Building Area Units Square Feet
Furnished Unfurnished
Heating Cooling Type Forced Air
Interior Features Forced Air
Living Area Units Square Feet
Stories Total 3
Elevation Units Feet
Exterior Features Cement Planked
Lot Features Corner Lot
Lot Size Square Feet 14179
Lot Size Units Square Feet
MLS Lot Size Source Public Records
Number Of Units Total 20
Open Parking Spaces 14
Parking Total 14
Parking Uncovered Spaces 14
Roof Torch Down
Sewer Sewer Connected
Structure Type Multi Family
Style Code 56 - 10+ Units
Units Below Grade false
Units In Building Total 20
Utilities Sewer Connected, Electricity Available
Water Sewer Garbage 25800
Country US
High School District Seattle
MLS Area Major 390 - Central Seattle
Waterfront no
Zoning Class Multi-Family
Effective Year Built Source Public Records
Mls Status Active
Offers Seller intends to review offers upon receipt
Possible Use Multi-Family
Power Production Type Electric
Preliminary Title Ordered no
Year Built Effective 2001
Cap Rate 4.74
Gross Adjusted Income 509205
Gross Rent Multiplier 14.5
Gross Scheduled Income 525420
Insurance Expense 8833
Leasable Area 15537
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 354410
Other Expense 66231
Possession Closing
Sale Type MLS
Seller Disclosure Exempt
Special Listing Conditions None
Tax Annual Amount 54031
Tax Year 2022
Total Expenses 154895
Total Monthly Income 43785
Vacancy Rate 3

Schedule a Showing - Listing ID 1970184


Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property. For more immediate assistance, please call WPI Real Estate at 206.522.8172.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

165 17th Avenue Seattle, WA 98122

Browse Similar Listings

Similar Listings

The database information herein is provided from the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. The information contained in this listing has not been verified by WPI Real Estate Services, Inc. (7101) and should be verified by the buyer. © 2022 NWMLS. All rights reserved. Data last updated: Monday, August 8th, 2022 08:01:20 PM.
#IDX-primaryPhoto,#idx-details-header
Active Listing courtesy of The Paragon Group
#IDX-listingMediaLinks
Active Listing courtesy of The Paragon Group
#IDX-detailsHeader
Active Listing courtesy of The Paragon Group
Data services provided by IDX Broker