Seattle, WA 98112,509 19th AVE E
Seattle, WA 98112,509 19th AVE E
Seattle, WA 98112,509 19th AVE E
Seattle, WA 98112,509 19th AVE E
Seattle, WA 98112,509 19th AVE E
Seattle, WA 98112,509 19th AVE E
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Listed by Kidder Mathews Max Frame 
$ 5,490,000
Est. payment | /mo

3 Beds

3 Baths

13,405 SqFt


Save
$ 5,490,000
Est. payment | /mo
Save

3 Beds

3 Baths

13,405 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,405 sqft

Price per Sqft $409

Subdivision Capitol Hill

MLS Listing ID 2458090

Style 56 - 10+ Units

Bedrooms 3

Year Built 1968

Annual Tax Amount $64,892

Lot Size 0.386 Acres

Lot Dimensions 16800

Property Sub-Type Multi Family

Property Description

Built in 1968, this 19-unit apartment building offers an A+ Capitol Hill location in the heart of the 19th Ave E retail corridor, just steps from some of Seattle's top restaurants and bars. The property features a desirable mix of spacious 1-bedroom and 2-bedroom units averaging approx. 706 SF, ample parking, and updates to key building systems. In-place operations provide steady, strong cash flow with clear upside through rent increases and unit improvements. Situated on a 16,800 SF parcel with NC1-55(M) zoning, 509 presents an exceptional value-add, land-bank, and future redevelopment opportunity in one of the city's most coveted neighborhoods.

Location

State WA

County King

Area 390 - Central Seattle

Interior

Flooring Ceramic Tile, Vinyl Plank, Carpet

Fireplace false

Exterior

Exterior Feature Wood

View Y/N Yes

View City

Roof Type Torch Down

Building

Lot Description Curbs, Paved, Sidewalk, Value In Land

Sewer Sewer Connected

New Construction No

Schools

School District Seattle

Others

Senior Community No

Acceptable Financing Cash Out, Conventional

Listing Terms Cash Out, Conventional

Northwest MLS (NWMLS)

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509 19th AVE E