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Sold
  • Listed by: 

    Daniel Lim,

    Lee & Associates Commercial RE,

    Candice Chevaillier,

    Lee & Associates Commercial RE

    Bought with: Lee & Associates Commercial RE
    $1,500,000

    1806 16th Avenue, Seattle, WA 98122

    --beds
    --baths
    2,600sqft
    Multi Family
    Built in 1906
    -- sqft lot
    $1,446,800 Zestimate®
    $577/sqft
    $2,950 Estimated rent

    Home value

    $1,446,800

    $1.32M - $1.59M

    $2,950/mo

    Zestimate® history
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    $8,967/mo

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    What's special

    Capitol Hill 5 unit west facing towards Seven Hills Park across the street, features good natural light exposure & views from the top floor. Units have received updates on turnover with most units receiving laminate floors & appliances. The building received Milgard insulated window replacements in 2017. 4 Off-street parking spots. The building is steps from the charming cafes, restaurants & shops of the 15th Ave retail corridor. Current rents are well below market & 2 units will be delivered vacant allowing investors to reset rents or commence updates upon closing or convert to SFR. A desirable location that provides a high quality of living experience, 1806 16th Ave offers significant operational upside within the Seattle core.

    Zillow last checked: 8 hours ago

    Listing updated: September 05, 2024 at 05:48am

    Listed by:

    Daniel Lim,

    Lee & Associates Commercial RE,

    Candice Chevaillier,

    Lee & Associates Commercial RE

    Bought with:

    Daniel Lim, 131121

    Lee & Associates Commercial RE

    Source: NWMLS,MLS#: 2205242MLS Logo

    Facts & features

    Interior

    Heating
    • Baseboard
    Cooling
    • None
    Features
    • Flooring: See Remarks, Vinyl, Carpet
    • Windows: Thermal Windows
    • Has fireplace: No
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Open
    • Uncovered spaces: 4
    Features
    • Patio & porch: Wall to Wall Carpet
    • Has view: Yes
    • View description: City
    Lot
    • Size: 4,978 sqft
    • Features: Adjacent to Public Land, Sidewalk
    Details
    • Parcel number: 8080400180
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Metal/Vinyl
    • Roof: Composition
    Condition
    • Year built: 1906

    Utilities & green energy

    • Sewer: Sewer Connected
    Green energy
    • Energy efficient items: Thermal Windows

    Community & neighborhood

    Location
    • Region: Seattle
    • Subdivision: Capitol Hill

    Other

    Other facts
    • Listing terms: Cash Out,Conventional
    • Cumulative days on market: 384 days

    Price history

    DateEventPrice
    5/15/2024Sold$1,500,000+0.1%$577/sqft
    Source: NWMLS #2205242
    4/16/2024Pending sale$1,498,000$576/sqft
    Source: NWMLS #2205242
    2/29/2024Listed for sale$1,498,000$576/sqft
    Source: NWMLS #2205242

    Public tax history

    Tax history is unavailable.

    Neighborhood: Capitol Hill

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
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    $1,446,800
    2% more+ $28,936
    With Zillow Showcase(estimated)
    $1,475,736