1419 E Olive Street Seattle, WA 98122
Listing Courtesy of: Northwest MLS / Paragon Real Estate Advisors
$1,325,000
6
BED
4
BATH
2,750
SQFT

  1419 E Olive Street Seattle, WA 98122

Active (96 Days)

Description

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.

MLS #:
1957140
Taxes
$10,578(2022)
Lot Size
3,840 SQFT
Type
Single-Family Home
Year Built
1945
Style
2 Story
School District
Seattle
County
King County
Community
Capitol Hill
Bathroom Details
  • Full Bathrooms: 3
  • 3/4 Bathroom: 1
Subdivision
  • Capitol Hill
Heating and Cooling
  • Baseboard
Exterior Features
  • Brick
  • Roof: Composition
Utility Information
  • Utilities: Sewer Connected, Electricity Available
  • Sewer: Sewer Connected
  • Fuel: Electric
Parking
  • None
Stories
  • 2
Living Area
  • 2,750 sqft
Additional Listing Info
  • Selling Office Commission: 2.5%
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information submitted to the MLS GRID as of 2022 9/25/22 20:57. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.