1419 E Olive Street, Seattle, WA 98122 (MLS # 2004144)
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Listing provided courtesy of Northwest MLS; Paragon Real Estate Advisors, sold by Windermere Real Estate/East
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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.
| DAYS ON MARKET | 192 | LAST UPDATED | 1/4/2023 |
|---|---|---|---|
| TRACT | Capitol Hill | YEAR BUILT | 1945 |
| COMMUNITY | Capitol Hill | COUNTY | King |
| STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
| School District | Seattle |
|---|
| ADDITIONAL DETAILS | |
| AREA | 390 - Central Seattle |
|---|---|
| CONSTRUCTION | Brick |
| HEAT | Baseboard |
| LOT | 3842 sq ft |
| SEWER | Sewer Connected |
| STORIES | 2 |
| STYLE | Tri-plex |
| SUBDIVISION | Capitol Hill |
| TAXES | 10578 |
| UTILITIES | Sewer Connected, Electricity Available |
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icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/24/24 1:24 AM PST. 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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