This triplex offers a unique mix of units - one 1BD/1BTH unit, one 2BD/1BTH unit, and one 3BD/1.75BTH townhouse-style unit. The building sits back off the street, behind a charming courtyard, giving occupants a great spot to enjoy summer days. The units are currently renting well below market presenting significant rental upside. The property will operate at a 4.8% CAP rate when rents are brought up to market. The condition of the units also gives a buyer the opportunity to update the units and capture higher rents. The location is great for commuters heading to both north or south Seattle as it is only a few blocks to the Capitol Hill Light Rail Station. Cal Anderson Park and Broadway Avenue are also just a few blocks away.
|--||New Value: $1,325,000|
|6/21/2022 2:32:00 PM||New Value: $1,325,000|
This property search is part of the Prime Alliance Real Estate Services website. Listing information is courtesy of the WA-NWMLS and Prime Alliance Real Estate Services. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2022. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.