$1,345,000 $7,220 est/mo Sourced by Back At You

314 E Mercer Street,Seattle, WA 98102

Seattle WA, 98102

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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 5.4 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.


Listing TypeFor Sale
StyleTown House
Days On Site66
Listing Provided ByWindermere RE Greenwood | Jed A Kliman


SQ Feet4,595
Property ViewYes

Market Activity 98102

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 Listings courtesy of NWMLS as distributed by MLS GRID.

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Listings Checked: 5 minutes ago
Zip Code98102
Area390 Central Seattle
Community NameCapitol Hill
School DistrictGarfield High
Elementary SchoolLowell
Middle SchoolMeany Mid
High SchoolGarfield High
Listing VS Median (in Capitol Hill)
low | high
100% of Average
low | high
100% of Average
$ / SqFt:
low | high
66.261088572014% of Average
On Site:
low | high
100% of Average
Sourced by Back At You
Listing Updated: May 23, 2024 at 10:10:47 AM PDT