Presented by: Westlake Associates, Inc.; Reid Jones; 206-505-9401; reid@westlakeassociates.com
Property Description
Boutique 6-unit apartment building in Capitol Hill featuring a desirable mix of studio, 1- and 2-bedroom units. On-site laundry and storage space, with added potential to convert space for in-unit washer/dryer installations in additional units. Copper, PVC and Galvanized Plumbing. All electrical panels in units and main panel replaced in April 2025. Value add potential with 18%+ upside in rental income. Fantastic Capitol Hill location in a desirable neighborhood, close to Link Light Rail Station, Volunteer Park, retail and restaurants, errands and groceries.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
AmenitiesCoin Op Laundry, Storage
Building Area Units0 sqft
Cap Rate4.78
Carport Spaces0
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsOn I-5 N, take exit 168A for Lakeview Blvd. Turn Left on Lakeview Blvd. Right on Harvard Ave E. Right on E Boston St. Slight right and site will be on the right.
Electric Expense0
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingWall Furnace
High School DistrictSeattle
Insurance Expense4369
Leasable Area3,964 sqft
Listing TermsCash, Conventional, Owner Will Carry, See Remarks
Living Area0 sqft
Lot Size Square Feet6,070 sqft
Lot Size UnitsSquare Feet
MLS Area390 - Central Seattle
NWM_ShowMapLinkY
Net Operating Income81193
New ConstructionNo
Number Of Units Total6
PossessionClosing
Property Style55 - 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksBoutique 6-unit apartment building in Capitol Hill featuring a desirable mix of studio, 1- and 2-bedroom units. On-site laundry and storage space, with added potential to convert space for in-unit wash
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameCapitol Hill
Tax Annual Amount$18,183
Tax Year2026
Units Below Gradefalse
Units In Building Total6
Water Sewer Garbage9192
Year Built1902
Exterior
Building Area Total3,964 sqft
Covered Spaces0
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Curbs, Paved, Sidewalk
Lot Size Acres0.1393
Parking Uncovered Total5
Total Parking5
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
N/A
Elementary School
N/A
Middle School
N/A
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Anaccortes, WA 98221