426 11th AVE E, Seattle, WA 98102
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426 11th AVE E, Seattle, WA 98102
426 11th AVE E, Seattle, WA 98102
426 11th AVE E, Seattle, WA 98102
426 11th AVE E, Seattle, WA 98102
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Elsa Borgen

Elsa Borgen

+1(253) 606-8212
Listed by:Lee & Associates Commercial RE • Sara Bago
$ 1,695,000
Est. payment /mo
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426 11th AVE E Seattle, WA 98102

10 Beds

7 Baths

5,986 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Capitol Hill

MLS Listing ID 2583141

Style 55 - 5-9 Units

Bedrooms 10

Year Built 1964

Annual Tax Amount $20,753

Lot Size 5,986 Sqft

Property Sub-Type Multi Family

Property Description

We are pleased to present Capitol Hill 7, a well-located 7-unit property positioned in Seattle's Capitol Hill/Eastlake neighborhood. Built in 1964, the 5,800 SF asset offers an attractive scale for investors seeking a well-located investment opportunity with durable rental demand. The property features LVP flooring throughout, ten on-site parking spaces, common-area laundry, and separate storage lockers for each residence. The roof was installed in 2016, helping reduce near-term capital expenditure requirements. Unit 5 includes an added rear deck with a glass sliding door, providing an enhanced outdoor living amenity. Located near the intersection of Capitol Hill and Eastlake, residents benefit from convenient access to Seattle's premier dining, nightlife, retail, parks, cultural amenities, and employment centers. The property is a 10-minute walk from the light rail Capitol Hill Station. With its strong in-city location, parking availability, dedicated storage, and value-add potential through future unit upgrades, Capitol Hill 7 presents an appealing opportunity for investors seeking exposure to one of Seattle's most established rental submarkets.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Flooring Vinyl Plank

Fireplace false

Exterior

Exterior Feature Cement/Concrete, Wood

Amenities Available Deck, Patio

View Y/N No

Roof Type Flat

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

Virtual Tour https://www.lee-associates.com/northwest/properties/?propertyId=1679999-sale&address=426-11th-Ave-E&officeId=2085

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.

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426 11th AVE E