Turnkey North Capitol Hill 6 Plex Investment in the heart of a Vibrant Community. This well-maintained property features 6 spacious corner units w/views of the Space Needle, DT Seattle & Olympic Mountains. 6 units w/1-bed, 1-bath + den/bedroom, large living rooms/dining areas, full kitchens, hardwood floors throughout & secure entry with lobby. This building includes a 12-car parking lot for tenants & income. The lot has a high value with MR-M1 MID-RISE Zoning. Common laundry area in the large daylight basement & may offer the opportunity to add 2 additional 1-bed units for additional income. Prime location minutes to DT Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta. Near Broadway, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, & Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset in one of Seattle's strongest rental markets. Solid cash-flowing property for Investors & 1031 Exchange. Future development potential with MR-M1 MID-RISE Zoning. Google MR-M1 Zoning. Tax assessed at $2,398,000 - The lot has a high value with the MR-M1 MID-RISE Zoning. Possible Owner Financing.
| MLS # | 2505422 |
|---|---|
| Listing Type | For Sale |
| Building Name | Rhodes Apartment Building |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 145 |
| Listing Provided By | Skyline Properties, Inc. | Scott Fladseth |
| SQ Feet | 7,357 |
|---|---|
| Story(s) | 3 |
| Units | 6 |
| Zoning | Multi-Family |
| Acreage | 0.14 |
| Property View | Yes |
| Property | 25179 |
|---|
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98102 |
| Area | 390 Central Seattle |
| Community Name | North Capitol Hill |
| Listing VS Median (in North Capitol Hill) | |
Price: $1,795,000 low | high Med: $1,287,000 sqft: 7,357 low | high Med: 2,031 $ / sqft: $244 low | high Med: $640 On site: 145 low | high Med: 58.5 | |
| State | WA |
|---|---|
| County | King |
| City | Seattle |
| Zip Code | 98102 |
| Area | 390 Central Seattle |
| Community Name | North Capitol Hill |
| Listing VS Median (in North Capitol Hill) | |
Price: $1,795,000 low | high Med: $1,287,000 sqft: 7,357 low | high Med: 2,031 $ / sqft: $244 low | high Med: $640 On site: 145 low | high Med: 58.5 | |
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