For more information on this listing, please contact...
The Landmark Group
206-325-6000
Email
  • Listing #:
    • 1318929
  • Price:
    • $10,500,000
  • Status:
    • Active
  • Property Type:
    • Multi-Family
  • Type:
    • 10+ Units
  • # of Units:
    • 28
  • # of Acres:
    • 0.26
  • Lot Sq.Ft.:
    • 11,200
  • Year Built:
    • 1962
  • School Dist:
    • Seattle
  • Address:
    • 219 Harvard Ave E
  • Community:
    • Capitol Hill
  • City:
    • Seattle
  • County:
    • King
  • State:
    • WA
  • Zip:
    • 98102
  • Terms:
    • Cash Out
QR Code

Description
28-unit Apartment Building Located In The Highly Sought-after And Walkable Capitol Hill Neighborhood. This Is An Extremely Rare Opportunity For An Investor To Acquire A Trophy Asset With Repositioning Upside Located 2 Blocks From The Light Rail Station. Units Offer Views Of The City And Sound, Large Sunny Patios, Common Laundry Rooms On Each Floor And Large Closets. The Building Has Secured Access Entry, Elevator Service With Recently Remodeled Cab And 14 Gated Parking Spaces.
Property Features
  • Unit 1
    • Rent Unit 1:
      • - $2,095.00
    • Square Feet Unit 1:
      • - 815.00
    • Bedrooms Unit 1:
      • - 2
    • Bathrooms Unit 1:
      • - 1.50
    • Refrigerator Unit 1:
      • - Yes
    • Range/oven Unit 1:
      • - Yes
    • Dishwasher Unit 1:
      • - Yes
    • Washer/dryer Unit 1:
      • - Yes
    • Description Unit 1:
      • - 101
  • Unit 2
    • Rent Unit 2:
      • - $1,150.00
    • Square Feet Unit 2:
      • - 300.00
    • Bathrooms Unit 2:
      • - 1.00
    • Refrigerator Unit 2:
      • - Yes
    • Range/oven Unit 2:
      • - Yes
    • Dishwasher Unit 2:
      • - No
    • Washer/dryer Unit 2:
      • - No
    • Description Unit 2:
      • - 102
  • Unit 3
    • Rent Unit 3:
      • - $1,695.00
    • Square Feet Unit 3:
      • - 615.00
    • Bedrooms Unit 3:
      • - 1
    • Bathrooms Unit 3:
      • - 1.00
    • Refrigerator Unit 3:
      • - Yes
    • Range/oven Unit 3:
      • - Yes
    • Dishwasher Unit 3:
      • - Yes
    • Washer/dryer Unit 3:
      • - No
    • Description Unit 3:
      • - 103
  • Unit 4
    • Rent Unit 4:
      • - $2,295.00
    • Square Feet Unit 4:
      • - 815.00
    • Bedrooms Unit 4:
      • - 2
    • Bathrooms Unit 4:
      • - 1.50
    • Refrigerator Unit 4:
      • - Yes
    • Range/oven Unit 4:
      • - Yes
    • Dishwasher Unit 4:
      • - Yes
    • Washer/dryer Unit 4:
      • - Yes
    • Description Unit 4:
      • - 104
  • Unit 5
    • Rent Unit 5:
      • - $1,695.00
    • Square Feet Unit 5:
      • - 600.00
    • Bedrooms Unit 5:
      • - 1
    • Bathrooms Unit 5:
      • - 1.00
    • Refrigerator Unit 5:
      • - Yes
    • Range/oven Unit 5:
      • - Yes
    • Dishwasher Unit 5:
      • - Yes
    • Washer/dryer Unit 5:
      • - No
    • Description Unit 5:
      • - 105
  • Unit 6
    • Rent Unit 6:
      • - $1,645.00
    • Square Feet Unit 6:
      • - 600.00
    • Bedrooms Unit 6:
      • - 1
    • Bathrooms Unit 6:
      • - 1.00
    • Refrigerator Unit 6:
      • - Yes
    • Range/oven Unit 6:
      • - Yes
    • Dishwasher Unit 6:
      • - Yes
    • Washer/dryer Unit 6:
      • - No
    • Description Unit 6:
      • - 106
  • Building Details
    • # Of Stories In Building:
      • - 4
    • Units Below Grade:
      • - No
    • Amenities:
      • - Coin Op Laundry
      • - Elevator
    • Floor Covering:
      • - Hardwood
      • - Vinyl
      • - Wall To Wall Carpet
    • Heating And Cooling:
      • - Baseboard
  • Misc Details
    • Form 17:
      • - Provided
    • Leased Items:
      • - None
  • Tax Details
    • Tax Amount:
      • - $58,427.00
    • Tax Year:
      • - 2018
  • Finance Details
    • Gross Rent Multiplier:
      • - 15
    • Vacancy Rate:
      • - 3
    • Cap Rate - Noi Div Lp:
      • - 4.40
  • Income
    • Gross Adjusted Income:
      • - $649,108.00
    • Gross Scheduled Income:
      • - $669,183.00
    • Net Operating Income:
      • - $458,882.00
    • Total Monthly Income:
      • - $55,765.00
  • Expenses
    • Insurance Expenses:
      • - $9,669.00
    • Water / Sewer / Garbage:
      • - $34,082.00
    • Other Expenses:
      • - $88,048.00
    • Total Expenses:
      • - $190,226.00
    • Total Expenses:
      • - $190,226.00
  • Waterfront and Views
    • View Details:
      • - City
      • - Sound
  • Construction Details
    • Exterior:
      • - Cement / Concrete
      • - Stucco
    • Foundation:
      • - Poured Concrete
    • Roof:
      • - Flat
  • Parking
    • Total # Of Parking:
      • - 14
    • # Of Carport Spaces:
      • - 14
  • Utilities
    • Energy Source:
      • - Electric
  • Zoning
    • General Zoning Classification:
      • - Multi-family
Nearby Listings
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For more information on this listing, please contact...
The Landmark Group
206-325-6000
Email

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