1512 12th Ave S
Seattle WA 98144
Beacon Hill 7-Unit
1512 12th Ave S Seattle WA 98144
Listing #: 682764 | Status: Available | Last Modified: 10/24/2024 |
For Sale
- Phone:(206) 812-9130
- Email:brianp@paragonrea.com
- Office Name:Paragon Real Estate Advisors
- Office Phone:(206) 623-8880
- Office Website:
- Agent Phone:(206) 812-9123
- Agent Email:michael@paragonrea.com
- Agent Phone:(206) 812-9101
- Agent Email:ben@paragonrea.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,900,000.0
- $/SF$ 562.6
- $/Unit$ 271,428.6
- Listing StatusAvailable
- Days on Market169
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income145,350
- Vacancy Factor %5.00%
- Operating Expenses46,225
- Net Operating Income91,857
- CAP Rate 5.22 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units7
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 5.22 %
- Building StatusExisting
- # of Buildings1
- # of Floors4
- # of Units7
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF3377
- Net Rentable Area3377
- Total Office SF
- Largest Contiguous SF
- Lot SF6011
- Acres0.14
- Property TypeMulti-Family
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaS. Seattle
- Tax ID #7660100240
- Additional Parcels
- ZoningLR3 (M)
- Year Built2024
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Beacon Hill 7-Unit
We are excited excited to announce the exclusive listing of the Beacon Hill 7-Unit, a turnkey 2024 construction building on the northern point of Beacon Hill. 6 of the 7 units are currently rented and the building features a unique mix of units: one 3-bedroom/1-bath unit with ADA accessibility and an attached secure garage, two 1-bedroom/1-bath units, and four Loft style SEDU units. Each unit is designed with LVP flooring, quartz countertops, stainless steel appliances, dishwashers, and high-end kitchen and bathroom vanities. In addition, the units feature air conditioning units, washers/dryers and lots of abundant nature light enhancing the tenants living experience while also provide an investor the opportunity to own highly desirable apartment units. Located less than 2 miles from Dow