1718 Summit AVE new to site

Seattle,WA 98122

$ 1780000

1 Bed

2 Baths

4785 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,785 sqft

Price per Sqft $371

Subdivision Capitol Hill

MLS Listing ID 2451055

Style 56 - 10+ Units

Bedrooms 1

Year Built 1961

Annual Tax Amount $21,079

Lot Size 5,000 Sqft

Property Sub-Type Multi Family

Property Description

11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle's most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.18% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.

Location

State WA

County King

Area 390 - Central Seattle

Exterior

Exterior Feature Brick,Cement/Concrete,Wood Products

View Y/N No

Roof Type See Remarks

Building

Lot Description Paved,Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

View More
Favorite Go Tour