1419 E Olive Street, Seattle, WA 98122

NWMLS Courtesy of Paragon Real Estate Advisors
1419 E Olive Street
Seattle, WA 98122
6 Beds
3.75 Baths
2750 SqFt
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This triplex offers a unique mix of units - one 1BD/1BTH unit, one 2BD/1BTH unit, and one 3BD/1.75BTH townhouse-style unit. The building sits back off the street, behind a charming courtyard, giving occupants a great spot to enjoy summer days. The units are currently renting well below market presenting significant rental upside. The property will operate at a 4.8% CAP rate when rents are brought up to market. The condition of the units also gives a buyer the opportunity to update the units and capture higher rents. The location is great for commuters heading to both north or south Seattle as it is only a few blocks to the Capitol Hill Light Rail Station. Cal Anderson Park and Broadway Avenue are also just a few blocks away.
Property Features
  • Community: Capitol Hill
  • 2 Story
  • Exterior: Brick
  • Roof: Composition
  • Parking: None
  • Year Built: 1945
  • 2022 Taxes: $10578.00
  • Listing #: 1957140
Lot Details
  • Lot Size: 0.09 acres
  • Baseboard
  • Electric
  • District: Seattle
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Pat Lord

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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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