$1,325,000
For Sale

1419 E Olive Street

Seattle, WA 98122
2750 sqft | 6 beds | 3.75 baths | #1957140
Courtesy of Paragon Real Estate Advisors
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Description

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.
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  • Interior Details
    • Beds & Baths
      • Bedrooms:6
      • Bathrooms:3.75
      • Full Baths:3
      • 3/4 Baths:1
    • Heating & Cooling
      • Heating:Baseboard
  • Property Details
    • Property
      • Exterior materials:Brick
    • Measurements
      • Acres:0.0882
      • Square Feet:2750
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Architectural style:12 - 2 Story
    • Condition
      • Year built:1945
  • Utilities / Energy Details
    • Utility
      • Sewer information:Sewer Connected
      • Utility source:Public
      • Utility features:Sewer Connected, Electricity Available
  • Community and Neighborhood Details
    • Location
      • School district:Seattle
      • County:King
    • Community
      • Subdivision:Capitol Hill
  • Financial Details
    • Pricing Details
      • Original list_price:$1, 325, 000
      • Selling office_commission:2.5%
      • Annual taxes:$10, 578
  • Other
    • Source
      • MLS #:1957140

Location

Lake & Company Real Estate
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