1422 Boylston Ave, Seattle, 98122

Multi Family - 56 - 6-9 Units For Sale in Capitol Hill

$10,500,000

Beds
Baths
Sqft
.18Acres
2007Built
14DOM
MLS® #: 1470592
Pending Feasibility, 14 Days on Market

The Montage Condominiums located in one of Seattle's most desirable neighborhoods, the bustling Pike/Pine corridor in Capitol Hill. Own 23 legal condominiums currently operated as an apartment building. Increasing rents just $100 per unit, implementing market rate charges for parking income & recapturing utility expenses generates a market cap rate of roughly 4.57%. Total est. market value of these sellable units are about 28% higher than the current offering price. 1:1 parking & storage ratio.

Listing Office: Realogics Sotheby's Int'l Rlty.

Price & Status History

Date Details
Status Changed from Active to Pending Feasibility

Essential Information

MLS® #: 1470592
Price: $10,500,000
Bathrooms: 0.00
Acres: 0.18
Year Built: 2007
Type: Multi Family
Sub-Type: 56 - 6-9 Units
Status: Pending Feasibility

Financials

Property Taxes: $86,000

Community Information

Address: 1422 Boylston Ave
Area: Central Seattle
Subdivision: Capitol Hill
City: Seattle
County: King
State: WA
Zip Code: 98122

Amenities

View: City, Mountain, Territorial

Interior

Heating: Baseboard, Forced Air

Exterior

Exterior: Cement/Concrete, Metal/Vinyl, Wood Products
Lot Description: Alley, Curbs, Paved Street, Sidewalk
Roof: Flat

School Information

District: Seattle

Additional Information

Days on Market: 14
Cumulative Days on Market: 14

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Listing information last updated on June 25th, 2019 at 3:52am CDT.