Bought with ZNonMember-Office-MLS
$3,650,000
$3,750,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
5,440 SqFt
SOLD DATE : 08/24/2022
Key Details
Sold Price $3,650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,440 sqft
Price per Sqft $670
Subdivision North Capitol Hill
MLS Listing ID 1920746
Sold Date 08/24/22
Style 55 - 5-9 Units
Year Built 1953
Annual Tax Amount $18,679
Lot Size 4,100 Sqft
Property Description
The Villa townhome apartments are located close to Volunteer Park and blocks from Capitol Hill's entertainment and cultural offerings on Broadway. Each townhome offers a private entry, renovated kitchens, updated bathrooms and a private back patio. The penthouse flats feature vaulted ceilings, contemporary finishes, exterior balconies, large windows and complete privacy. The building itself offers storage lockers, garages, mostly upgraded electrical and plumbing systems and a newer roof (5 years old). The property has easy access to SLU, downtown and the UW. With a historical record of near 100% occupancy and full collections since January 2020, the Villa offers a secure investment at a 4.4% caprate on current income and expense.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Interior Features Forced Air, Ceramic Tile, Hardwood
Flooring Ceramic Tile, Hardwood, Vinyl, Vinyl Plank
Fireplace false
Exterior
Exterior Feature Stone, Wood
Utilities Available High Speed Internet, Sewer Connected, Electric
Amenities Available Deck, High Speed Internet, Patio
View Y/N No
Roof Type Flat
Building
Lot Description Curbs, Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
Elementary Schools Lowell
Middle Schools Meany Mid
High Schools Garfield High
School District Seattle
Others
Senior Community No
Acceptable Financing Assumable, Cash Out
Listing Terms Assumable, Cash Out
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