Capitol Hill 4-Plex

530 12th Ave E Seattle WA 98102

Listing #: 587823 | Status: Sold | Closing Date: 01/05/2018 | Last Modified: 1/8/2018 |

For Sale

530 12th Ave E Seattle WA 98102

Agent Information
Showing Instructions
Call Listing AgentNo
Use DiscretionNo

Patrick Suarez

(206) 325-9300
pat@urbanseattle.com

Urban Commercial Partners, LLC

(206) 325-9333

Listing Information
Price
Listing Price$ 1,950,000
$/SF$ 655.90
$/Unit$ 487,500.00
Listing StatusSold
Days On Market170
Asset ClassMulti-Family
Closed Sales Only
Actual Sold Price$ 1,900,000
$/SF$ 639.09
Closing Date01/05/2018
Selling BrokerDrew Smith
Investment Information
Investment PropYes
Gross Income$ 74,460
Vacancy Factor %0.00%
Operating Expenses$ 17,150
Net Operating Income$ 57,310
CAP Rate2.94 %
Financial Summary
CAP Rate2.94 %
$/Unit$ 487,500.00
Expense/Unit$ 4,287.50
Asset Class Information
# Units Beds/Baths Avg SqFT
Unknown
Associated Files
Property Information
Building Information
Building StatusExisting
# of Buildings1
# of Floors3
# of Units4
Total Building Sq/ft2,973
Net Rentable Area2,973
Lot Sq/ft4,792
Acres0.11
Property Type
Property TypeMulti-Family
InvestmentYes
Location
CountyKing
Cross StreetE. Mercer
Market AreaCapitol Hill/First Hill
Tax ID #6851700345
ZoningLR3
Construction
Year Built1947
Construction TypeWood

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.

Public Building Comments: 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.

Filter by Category

 | 
     | 
     | 
     | 
     | 
     | 
     | 
     | 
     | 
     | 
     | 
     | 

Current Selections

Any Property Category