PROPERTIES FOR SALE

314 E Mercer Street Seattle, WA 98102

NWMLS Courtesy of Windermere RE Greenwood
314 E Mercer Street
Seattle, WA 98102
$1,395,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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This classic 5-unit apartment building in prime Capitol Hill location will offer the savvy investor a strong revenue stream and tons of upside. Each spacious unit features a unique layout, wood floors, fresh interior paint, gas cooking. Great mix of 1 bed, 1+ den, 2-story units, some with views of city + mountains. The basement includes storage, common laundry, large unfinished area for possible expansion. Rents are proforma from property manager. Currently a 5.2 CAP with room for upside. The building is now vacant, allowing new owner the option to renovate or place tenants immediately. Low vacancy rate historically (fully leased for many years). Great location, close to light rail, SLU, freeway, everything on Capitol Hill and DT Seattle.

Property Features

Community: Capitol Hill
5-9 Units
View: City
View: Mountain(s)
View: Partial
View: Territorial
Cable TV
Deck
Fenced-Partially
Gas Available
High Speed Internet
Exterior: Wood
Roof: Composition
Year Built: 1909
2024 Taxes: $13182.00
Listing #: 2211088

Lot Details

Lot Size: 0.06 acres
Alley
Corner Lot
Curbs
Paved
Sidewalk
No. of Units: 5

Interior

Cooling: None
Heating: Stove/Free Standing
Natural Gas

Common Features

Basement
Coin Op Laundry
Storage

Schools

District: Seattle
Elem: Lowell
Middle: Meany Mid
High: Garfield High
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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