Active
$4,995,000
Price
11,944
SqFt
11,944
SqFt

303 Harvard Avenue E

Seattle, Washington WA98102

Beverly Rae is a 1949 Bauhaus-inspired 14 unit apartment building in popular North Capitol Hill location, 1 block off Broadway, intersection of Harvard Ave East and East Thomas Street. Numerous options for restaurants, retail and services within close proximity, Capitol Hill light rail station just two blocks away, great access by bus to U-district or downtown, walk to South Lake Union area, grocery stores, Seattle Central Community College, Seattle University, Cal Anderson Park, entrainment, Interstate 5 and much more. Unit mix consists of two 2 bedroom 1 bath; ten 1 bedroom 1 bath; and two studio units. Some units have partial views of the city, Space Needle, Olympic Mountains.

About This Property

Schools


Walkscore

Overview

Listing ID2028511
Price$4,995,000
StatusActive
SqFt 11,944
Acres 0.174
CountyKing
SubdivisionCapitol Hill
Year Built1949
Property TypeResidential Income
Property Sub TypeMulti-Family

Primary Features

County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision Capitol Hill
Year Built 1949

Interior

Building Area Units Square Feet
Furnished Unfurnished
Heating Cooling Type Hot Water Recirc Pump
Interior Features Hot Water Recirc Pump
Living Area Units Square Feet
Stories Total 3

External

Covered Spaces 2
Elevation Units Feet
Exterior Features Brick
Foundation Details Poured Concrete
Lot Features Paved, Sidewalk
Lot Size Square Feet 7557
Lot Size Units Square Feet
MLS Lot Size Source Realist
Number Of Units Total 14
Open Parking Spaces 8
Parking Total 10
Parking Uncovered Spaces 8
Roof Flat
Sewer Sewer Connected
Structure Type Multi Family
Style Code 56 - 10+ Units
Units Below Grade false
Units In Building Total 14
Water Source Public

Location

Building Area Total 11944
Country US
High School District Seattle
MLS Area Major 390 - Central Seattle
View City, Mountain(s), Partial, Territorial
Waterfront no

Additional

Effective Year Built Source Public Records
Mls Status Active
Offers Seller intends to review offers upon receipt
Power Production Type Electric
Preliminary Title Ordered yes
Year Built Effective 1988

Financial

Cap Rate 3.78
Gross Adjusted Income 275040
Gross Rent Multiplier 19.32
Gross Scheduled Income 258480
Leasable Area 10400
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 188848
Other Expense 49695
Possession See Remarks
Sale Type MLS
Seller Disclosure Not Provided
Special Listing Conditions None
Tax Annual Amount 36497
Tax Year 2022
Total Expenses 86192
Total Monthly Income 21540

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303 Harvard Avenue E Seattle, WA 98102

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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. © 2023 NWMLS. All rights reserved. Data last updated: Monday, February 6th, 2023 05:53:14 PM.
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