2414 13th AVE S new to site

Seattle,WA 98144

$ 4900000

19 Beds

17 Baths

11876 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,876 sqft

Price per Sqft $412

Subdivision Beacon Hill

MLS Listing ID 2439327

Style 56 - 10+ Units

Bedrooms 19

Year Built 1968

Annual Tax Amount $35,492

Lot Size 6,000 Sqft

Lot Dimensions 120x50

Property Sub-Type Multi Family

Property Description

We are pleased to offer for sale the Beacon View Apartments; a well-positioned, turnkey 17-unit multifamily asset located in Seattle's highly desirable North Beacon Hill neighborhood. Just a short walk from the Beacon Hill Light Rail Station, Beacon View offers residents seamless access to Seattle Metro Area, making it an ideal location for urban professionals. This stabilized, transit-oriented asset combines reliable cash flow with near-term value-add potential, an attractive opportunity for multifamily investors seeking growth in one of Seattle's most connected neighborhoods. Projected Year one NOI of $299,370 and 6.1% Cap Rate.

Location

State WA

County King

Area 385 - Sodo/Beacon Hill

Interior

Fireplace false

Exterior

Exterior Feature Brick,Wood Products

View Y/N No

Roof Type Flat

Building

Lot Description Alley,Paved,Value In Land

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out,Conventional

Listing Terms Cash Out,Conventional

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