314 E Mercer Street in Seattle
| Listing ID: | 2211088 (Multi-Family) |
|---|---|
| Listing Price: | $1,395,000 |
| Days on Market: | 58 |
Details | |
| Bed / Bath: | 0.00 / 0.00 |
| Lot Size: | 0.06 acre (2,400 sqft) |
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.
This listing is provided courtesy of NWMLS, contributed by Windermere RE Greenwood.
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