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

July 13, 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 7/15/2024. 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 7/15/2024 at 9:00 PM UTC 

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