525 E Roy St, Seattle, WA, 98102

CAD 3,195,000
For Sale

Property Details

Bedrooms

15

Bathrooms

11

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 15 • Bathrooms: 11 • Square Feet: 9986 • Lot/Size: 5,520 sqft lot

Description: Excellent corner-lot Capitol Hill location within blocks of the Harvard-Belmont Landmark District, and walking distance to Downtown, South Lake Union, Volunteer Park, Cal Anderson Park, and the trendy retail corridors of Broadway, Pike/Pine, and 15th Ave E. Turnkey opportunity with stable occupancy and a 5.4% cap rate and 11.5 GRM. Walker’s Paradise Walk Score of 90 - incredible walking access to an abundance of restaurants, shops, grocery stores, parks, Link light rail station, and multiple bus routes. Upside potential - likely opportunity to raise rents to market levels and increase charges for parking and utility bill-backs to achieve a 5.8% cap rate and 10.8 GRM. Parking s

Location

Address

525 E Roy St, Seattle, WA, 98102

City

Seattle

Features and Finishes

Year Built: 1957; [object Object]; [object Object]; [object Object]

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