WA > Seattle > First Hill
Seattle, WA 98104,814 Columbia ST
Seattle, WA 98104,814 Columbia ST
Seattle, WA 98104,814 Columbia ST
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Listed by Blake Investment Advisors
$5,750,000
Est. payment /mo
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15 BD
23 BA
7,194 SqFt
New

814 Columbia ST Seattle, WA 98104

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Whitney Johnson

Whitney Johnson

+1(509) 240-6438

UPDATED:

10/15/2024 05:05 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,194 sqft

Price per Sqft $799

Subdivision First Hill

MLS Listing ID 2301687

Style 56 - 10+ Units

Bedrooms 15

Year Built 1907

Annual Tax Amount $37,576

Lot Size 2,880 Sqft

Property Description

Columbia Place, a 23-unit apartment building positioned on First Hill, one of Seattle?s most charming and convenient neighborhoods for residents who work downtown. The opportunity exists for a new investor to acquire a turn-key asset that has undergone extensive interior and exterior rehabilitation in recent years. Current operations yield an average rent of $1,202 per unit, but market rent comparables suggest that rents can be raised to an average of $1,352 per unit upon lease expiration. Market rents can be captured without capital expenditure as the current ownership purchased the property vacant and thoroughly updated the property throughout. Owner financing may be available to qualified buyers.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Flooring Vinyl Plank

Fireplace Yes

Exterior

Exterior Feature Stucco

Waterfront No

View Y/N Yes

View City

Roof Type Flat

Building

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Owner Financing

Listing Terms Owner Financing

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

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Whitney Johnson

Owner/Broker | License ID: 90947

+1(509) 240-6438

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