530 12th Ave E
Seattle WA 98102

530 12th Avenue E

530 12th Ave E Seattle WA 98102

Listing #: 587823 | Status: Sold | Closing Date: 01/05/2018 | Last Modified: 1/19/2022 |

For Sale
Patrick Suarez
  • Phone:(206) 325-9300
  • Email:pat@urbanseattle.com
  • Office Name:Urban Commercial Partners, LLC
  • Office Phone:(206) 325-9333
  • Office Website:
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,950,000.0
  • $/SF$ 356.3
  • $/Unit$ 487,500.0
  • Listing StatusSold
  • Days on Market171
  • Asset ClassMulti-Family
  • Terms
Closed Sales Only
  • Actual Sold Price1,900,000
  • $/SF$ 347.2
  • Closing Date1/5/2018 12:00:00 AM
  • Selling BrokerDrew Smith
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income74,460
  • Vacancy Factor %0.00%
  • Operating Expenses17,150
  • Net Operating Income57,310
  • CAP Rate 2.94 %
Industrial Asset Class Info
  • Dock High Doors
  • Semi-Dock Doors
  • Grade Level Door Count
  • Crane Count
Financial Summary
  • CAP Rate 2.94 %
  • $/SF/YR$ 00.0
  • $/Unit$ 487,500.0
  • Expense/Unit$ 4,287.5
Asset Class Information
  • # UnitsUnknown
  • Beds/BathsUnknown
  • Avg SqFTUnknown
Building Information
  • Building StatusExisting
  • # of Buildings2
  • # of Floors2
  • # of Units8
  • # of Elevators
  • Clearance Height Min
  • Clearance Height Max
  • Bay Depth
  • Total Building SF5473
  • Net Rentable Area5473
  • Total Office SF
  • Largest Contiguous SF
  • Lot SF4998
  • Acres0.11
Property Type
  • Property TypeMulti-Family
  • Office Type
  • InvestmentYes
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross StreetE. Mercer
  • Market AreaCapitol Hill/First Hill
  • Tax ID #6851700345
  • Additional Parcels
  • ZoningLR3
Parking Information
  • # Covered Spaces0
  • # Uncovered Spaces0
  • Total Parking Spots0
  • Parking Ratio
Construction
  • Year Built1947
  • Year Renovated2019
  • Completion Date
  • Roof Type
  • Construction TypeFramed, Wood

Public Comments

Well located Capitol Hill 4-Plex on the corner of 12th Ave. E and E. Mercer Street located blocks from the Capitol Hill Link Light Rail Station. Property is zoned LR3 and located within Capitol Hill Urban Village Overlay. Prime Development Potential with current income. Tax iD #: 6851700345

Public Building Comments

Capitol Hill 4-plexes on the corner of 12th Ave. E and E. Mercer Street located blocks from the Capitol Hill Link Light Rail Station. Property is zoned LR3 and located within Capitol Hill Urban Village Overlay.