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206-886-3986
Real Estate Company
1718 Summit Avenue, Seattle, WA 98122
Listing Broker: COMPASS; Erich Bubbel; 206-399-3285; erich@investmentsalesgrp.com
- $1,699,000
- 4,785
- SqFt
- List Price
- $1,699,000
- Status
- ACTIVE
- Price Change
- ▼ $81,000 1777342761
- MLS#
- 2451055
- Subtype
- Residential Income
- Style
- 56 - 10+ Units
- Year Built
- 1961
- Living Area
- 4,785
- Lot Size
- 5,000
- Acres
- 0.11
- Subdivision
- Capitol Hill
- Neighborhood
- Capitol Hill
- MLS Area Major
- Central Seattle
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 6.93% 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.
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Additional Information
- Amenities
- Coin Op Laundry
- Exterior Features
- Brick, Cement/Concrete, Wood Products
- Property Description
- 56 - 10+ Units
- Heating
- Baseboard
- Air Conditioning
- None
- Roof
- See Remarks
- School District
- Seattle
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.