315 12 Ave E
Seattle WA 98102
315 12th Avenue E
315 12 Ave E Seattle WA 98102
Listing #: 673357 | Status: Pending | Last Modified: 4/16/2024 |
For Sale
- Phone:(206) 999-1982
- Email:gordon@rpare.com
- Office Name:Real Property Associates
- Office Phone:(206) 523-0300
- Office Website:
- Agent Phone:(206) 948-3601
- Agent Email:tm@rpapm.com
- Call Listing AgentNo
- Use DiscretionNo
SEE_NOTES
- Listing Price$ 1,950,000.0
- $/SF$ 425.1
- $/Unit$ 1,950,000.0
- Listing StatusPending
- Days on Market187
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income122,520
- Vacancy Factor %0.00%
- Operating Expenses40,591
- Net Operating Income81,929
- CAP Rate 4.20 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 4.20 %
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units6
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF4587
- Net Rentable Area4587
- Total Office SF
- Largest Contiguous SF
- Lot SF6011
- Acres0.14
- Property TypeMulti-Family
- Office Type
- Building ClassC
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaCapitol Hill/First Hill
- Tax ID #6852700176
- Additional Parcels
- ZoningMR(M1)
- Year Built1928
- Year Renovated
- Completion Date
- Roof Type
- Construction TypeBrick, Masonry
Rhodes Apartments
Stately, classic brick six unit apartment building, with stunning original brickwork, terra cotta details and parapet wall, in prime location on Capital Hill. Rarely vacant, each unit is a large one bedroom with hardwood floors, living/dining rooms, and other vintage features. Six car carport off driveway on the west side of the building, common secure entry, and all units above grade. Walk Score of 98, just two blocks to Broadway and three to Link Light Rail. 5,994' lot with Mid Rise zoning (MR-M1). Full basement with large storage area and common laundry. Views of Seattle from this prime time location.
