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
Brian Platt
  • Phone:(206) 812-9130
  • Email:brianp@paragonrea.com
  • Office Name:Paragon Real Estate Advisors
  • Office Phone:(206) 623-8880
  • Office Website:
Michael Urquhart
Ben Douglas
Showing Instructions
  • Call Listing AgentNo
  • Use DiscretionNo
Price Information
  • Listing Price$ 1,900,000.0
  • $/SF$ 562.6
  • $/Unit$ 271,428.6
  • Listing StatusAvailable
  • Days on Market169
  • Asset ClassMulti-Family
  • Terms
Investment Information
  • Investment Type
  • Investment PropYes
  • Gross Income145,350
  • Vacancy Factor %5.00%
  • Operating Expenses46,225
  • Net Operating Income91,857
  • CAP Rate 5.22 %
Detail Listing Information
  • Min Total SF0
  • Max Total SF0
  • Lease Rate Low$ 00.0
  • Lease Rate High$ 00.0
  • Heat Source
  • Total Units7
Utilities
  • Water
  • Electricity
  • Storm Sewer
Retail Information
  • SignageSignage on Building and Freestanding
  • Anchor
Financial Summary
  • CAP Rate 5.22 %
Associated Files
Building Information
  • 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 Type
  • Property TypeMulti-Family
  • Office Type
  • Building Class
Location
  • CountyKing
  • Vicinity
  • Location Description
  • Second Address
  • Cross Street
  • Market AreaS. Seattle
  • Tax ID #7660100240
  • Additional Parcels
  • ZoningLR3 (M)
Construction
  • Year Built2024
  • Year Renovated
  • Completion Date
  • Roof Type
  • Construction Type

Beacon Hill 7-Unit

Public Comments

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

Listing Images