Courtesy of: Gabe Blake | Blake Investment Advisors
$5,750,000Seattle, WA 98104
0.07 Acres
King County
Key Features
MLS ID: 2301687
Year Build: 1907
Status: Active
Property Type: Residential Income
Area: 390 - Central Seattle
Exterior: ["Stucco"]
Address: 814 Columbia Street , Seattle, WA 98104
City: Seattle
State: WA
Zip: 98104
County: King
Description
Columbia Place, a 23-unit apartment building positioned on First Hill, one of Seattle’s most charming and convenient neighborhoods for residents who work downtown. The opportunity exists for a new investor to acquire a turn-key asset that has undergone extensive interior and exterior rehabilitation in recent years. Current operations yield an average rent of $1,202 per unit, but market rent comparables suggest that rents can be raised to an average of $1,352 per unit upon lease expiration. Market rents can be captured without capital expenditure as the current ownership purchased the property vacant and thoroughly updated the property throughout. Owner financing may be available to qualified buyers.
Property Map
TERRYS 1ST ADD WLY 32 FT OF SLY 30 FT OF 6 & WLY 32 FT OF 7
Listing # Courtesy of Gabe Blake of Blake Investment Advisors. Last Updated: November 13, 2024.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
Investor alert! Turn key income property. Rare adjoining 2 parcels at the heart of Capitol Hill (check MLS#2232751). MR Zoning, great potential for upgrade or multi-unit devel...
Investor alert! Turn key income property. Rare adjoining 2 parcels at the heart of Capitol Hill (check MLS#2232749). MR Zoning, great potential for upgrade, airbnb, or multi-u...
