$1,395,000
E Mercer Street, Seattle, 98102
314 E Mercer Street , Seattle, WA 98102
This classic 5-unit apartment building in prime Capitol Hill location will offer the savvy investor a strong revenue stream and tons of upside. Each spacious unit features a unique layout, wood floors, fresh interior paint, gas cooking. Great mix of 1 bed, 1+ den, 2-story units, some with views of city + mountains. The basement includes storage, common laundry, large unfinished area for possible expansion. Rents are proforma from property manager. Currently a 5.2 CAP with room for upside. The building is now vacant, allowing new owner the option to renovate or place tenants immediately. Low vacancy rate historically (fully leased for many years). Great location, close to light rail, SLU, freeway, everything on Capitol Hill and DT Seattle.
Listing Courtesy of
Windermere RE Greenwood
Source Northwest MLS
Media
- Photos
PROPERTY DETAILS
- Mls Id2211088
- StatusActive
- AreaCapitol Hill
- Foundation DetailsPoured Concrete
- FlooringConcrete, Softwood, Hardwood, Vinyl Plank, Carpet
- CarportNo
- CitySeattle
- CountyKing
- Exterior FeaturesWood
- FireplaceNo
- High School DistrictSeattle
- Interior FeaturesConcrete, Fir/Softwood, Hardwood, Wall to Wall Carpet
- Living Area0 Square Feet
- Lot FeaturesAlley, Corner Lot, Curbs, Paved, Sidewalk
- Lot Acres0.0551
- Lot Square Feet2400
- New ConstructionNo
- Zip Code98102
- Property TypeMulti-Family
- RoofComposition
- SewerSewer Connected
- WaterfrontNo
- Water SourcePublic
- Year Built1909
- Checked For Updates2024-05-14 02:01:17 PDT
Based on information submitted to the MLS GRID as of 2024-05-14 02:01:17 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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