Provided by NWMLS, Bought with ZNonMember-Office-MLS and Listed by Kidder Mathews
Sold
1310 E Thomas Street
Seattle WA, 98102
$8,527,000
$443.88 per sqft
Sold
19,210 sqft
Multi-family
Built in 1967
Situated in one of the best pockets of Capitol Hill, this property is a turnkey apartment community featuring 20 spacious, fully renovated units. It's walkable location near transit, employers, and neighborhood amenities makes it an interesting and desirable place to live. Appealing features include large floor plans, off-street parking, and an abundance of updates, such as in-unit laundry, new roof, full unit renovations, and recently replaced hot water heaters. Further, the property's 20 unit size should generate nearly $60,000 in monthly rent and supports complete professional management. With full management, market taxes, and current and trending rents, 1310 E Thomas should perform at a 5.4% cap rate and a 13.1 GRM.
2055635
MLSⓇ ID
April 13, 2023
Listed
March 21, 2024
Updated
Map
1310 E Thomas Street
Seattle WA, 98102
Interior Features
Total Stories
3
Floor Description
Vinyl Plank
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Unit(s)
Exterior/Building Features
Lot Size
0.31 Acres
Exterior Features
Stucco
Lot Features
Corner Lot, Curbs, Paved, Sidewalk
Roof
Flat
Sewer
Sewer Connected
School Information
School District
Seattle
High School
Garfield High
Elementary School
Lowell
Other Property Details
Area Name
390 - Central Seattle
Taxes
$64,392
Tax Frequency
Annually
Garage
No
Parking Total
10
View
Yes
View Description
City, Partial
County
King
Water Source
Public
Pool
No
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 5/1/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/1/2024 at 5:00 AM UTC