- – beds
- – baths
- 3,900 sqft
- 4,287 sqft lot
- $512 per sqft
- 1983 build
More homes
Located at the edge of Seattle’s thriving Capitol Hill neighborhood, the Caldwell presents investors with the opportunity to own a turn-key investment property with an in-place 4.75% cap rate in one of the premier sub-markets in Seattle. The property is situated with south facing units less than a block off Madison- a main arterial providing a straight shot to Downtown. With functional 1- & 2-bed floorplans, including (3) townhouse units, the Caldwell capitalizes on the high demand for units with space for a home office. The rapid expansion of Amazon, Google, Meta and other tech giants in nearby SLU, along with the continued grown of Capitol Hill mainstays like Group Health, Swedish, and Seattle U provide demand for units at the Caldwell.
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Last updated Sep 5, 2024
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MLS# 1920453 —
The Building
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Year Built:1983
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New Construction:false
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Structure Type:Multi Family
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Roof:Composition
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Exterior Features:Wood
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Units In Building Total:5
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# of Units Total:5
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Stories Total:3
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Building Area Total:3900
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Building Area Units:Square Feet
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Calculated SqFt:3900
Interior
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Furnished:Unfurnished
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Fireplace:false
Financial & Terms
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Possession:Closing
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Buyer Financing:Exchange
Location
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Latitude:47.619133
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Longitude:-122.301908
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Directions:On I-5N, take exit 166 for Olive Way. Continue onto E John St. Turn Left on 15th Ave E, turn right onto E Thomas St. Right on 23rd Ave E. Left on the 2nd cross street onto E Denny Way. Site on left.
The Property
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Property Type:Residential Income
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Property Subtype:Multi-Family
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Parcel Number:1813800035
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Lot Features:Curbs, Paved, Sidewalk
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Lot Size Units:Square Feet
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Lot Size Acres:0.0984
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Lot Size SqFt:4287
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Lot Size Source:King County Assessor
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Zoning Class:Multi-Family
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Possible Use:Multi-Family
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (206) 505-9400
- Office phone:
- (206) 505-9400
Taxes
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Tax Year:2022
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Tax Annual Amount:14363
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:true
Utilities
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Utilities:Sewer Connected, Electric
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Sewer:Sewer Connected
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Water Sewer Garbage:11445
Schools
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High School District:Seattle
The Community
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Subdivision Name:Madison Valley
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Senior Community:false
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Association:false
Parking
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Open Parking:false
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Carport:false
Listing courtesy of NWMLS / Westlake Associates, Inc.. Bought with John L. Scott, Inc..
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/30/22
Jun 30, 2022
|
Sold | NWMLS | $2,000,000 | 0.3% |
4/29/22
Apr 29, 2022
|
Pending | NWMLS | $1,995,000 | |
4/21/22
Apr 21, 2022
|
Listed / Active | NWMLS | $1,995,000 |