11
See all 11 photos
Listed by:COMPASS • Erich Bubbel
$1,699,000
Est. payment /mo
1 Bed
2 Baths
4,785 SqFt
Active
1718 Summit AVE Seattle, WA 98122
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,785 sqft
Price per Sqft $355
Subdivision Capitol Hill
MLS Listing ID 2451055
Style 56 - 10+ Units
Bedrooms 1
Year Built 1961
Annual Tax Amount $21,079
Lot Size 5,000 Sqft
Property Sub-Type Multi Family
Property Description
11 Units - Cap Hill: 1718 Summit Avenue, a secure-access multifamily property in one of Seattle's most desirable neighborhoods. The building features 6 studios and 5 - 1bed/1ba units, top-floor residences with vaulted ceilings, gated access, large courtyard and city views, and five off-street parking spaces. With a current 6.18% CAP rate and value-add potential through renovations, this asset offers stable income, long-term upside, and a prime Capitol Hill/Summit location steps from dining, retail, and transit.
Location
State WA
County King
Area 390 - Central Seattle
Interior
Fireplace false
Exterior
Exterior Feature Brick, Cement/Concrete, Wood Products
View Y/N No
Roof Type See Remarks
Building
Lot Description Paved, Sidewalk
Sewer Sewer Connected
Water Public
New Construction No
Schools
School District Seattle
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Amenities & Attractions
Educational Environment
Elementary Schools (2)Middle Schools (1)High Schools (1)
Name
Category
Grades
Library
Ratio
4/10
Stevens Elementary School
1242 18th Ave E, Seattle, WA 98112
Public
KG - 5
No
STUDENTS/TEACHERS
0/10
St Joseph School
700 18th Ave E, Seattle, WA 98112
Private
KG - 8
Yes
14:1 STUDENTS/TEACHERS