Seattle, WA 98122,1806 16th AVE
Seattle, WA 98122,1806 16th AVE
Seattle, WA 98122,1806 16th AVE
Seattle, WA 98122,1806 16th AVE
Seattle, WA 98122,1806 16th AVE
Seattle, WA 98122,1806 16th AVE
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Listed by Lee & Associates Commercial RE
Bought with Lee & Associates Commercial RE

$1,500,000

$1,498,000

0.1%
Est.Price: ?

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Est. payment /mo

2,600 SqFt


SOLD DATE : 05/15/2024

Key Details

Sold Price $1,500,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $576

Subdivision Capitol Hill

MLS Listing ID 2205242

Sold Date 05/15/24

Style 55 - 5-9 Units

Year Built 1906

Annual Tax Amount $15,087

Lot Size 4,980 Sqft

Property Description

Capitol Hill 5 unit west facing towards Seven Hills Park across the street, features good natural light exposure & views from the top floor. Units have received updates on turnover with most units receiving laminate floors & appliances. The building received Milgard insulated window replacements in 2017. 4 Off-street parking spots. The building is steps from the charming cafes, restaurants & shops of the 15th Ave retail corridor. Current rents are well below market & 2 units will be delivered vacant allowing investors to reset rents or commence updates upon closing or convert to SFR. A desirable location that provides a high quality of living experience, 1806 16th Ave offers significant operational upside within the Seattle core.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Interior Features Wall to Wall Carpet

Flooring See Remarks, Vinyl, Carpet

Fireplace false

Exterior

Exterior Feature Metal/Vinyl

Waterfront No

View Y/N Yes

View City

Roof Type Composition

Building

Lot Description Adjacent to Public Land, Alley, Sidewalk

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

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Northwest MLS (NWMLS)

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Cory Willliams

Team Leader/Broker | License ID: 108348

+1(206) 612-1566

1612 Cole St., Enumclaw, WA, 98022

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